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Suchita Shirgaonkar

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suchita.shirgaonkar@careratings.com

 

 

 
Ratings >> Structured Finance Rating
In a developing economy like India, new debt structures emerge regularly in capital market. CARE Ratings provide credit rating services for structured debt products based on a comprehensive rating methodology.
 
CARE’s Structured Finance Rating(s) / Credit Opinion(s) on Pass Through Certificates (PTCs) or structured obligations denote the relative degree of credit risk associated with timely payment of debt obligations as per the terms of the securitisation transaction. It indicates the degree of credit protection available from underlying asset(s), structured mechanism and credit enhancement, if any, for timely servicing of debt obligations. For Structured Obligations, CARE assigns suffix '(SO)' to the rating symbol.
 
CARE’s Structured Finance Rating involves extensive analysis of various risk factors viz Credit Risk, Market Risk, Counter-party Risk, Legal Risk and Other Risks associated with structured debt obligation.
 
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