Heckyl Credit Risk Early Warning System captures company-related red-flags based on a variety of business rules. We have analyzed more than 1,400 credit rating releases issued recently.
We have identified 200+ credit ratings related red-flags for both listed as well as private limited companies.
We highlight four red-flags related to credit ratings downgrades that you may have missed:
#1. S.B. Industries (24-Jul-17):
Update: Issuer not cooperating, based on best-available information; Rating downgraded to ‘CRISIL D/CRISIL D’
#2. Lypsa Gems and Jewellery Ltd (25-Jul-17):
ICRA downgrades the long-term rating of BB+ (Stable) and the short-term rating of A4+ to ‘D’ assigned to the bank facilities of Lypsa Gems and Jewellery Ltd (Issuer Not Cooperating)
#3. Charismatic Infratech Pvt Ltd (26-Jul-17):
Update: Non-convertible debentures rating downgraded to ‘BWR D’
#4. JBF Industries (27-Jul-17):
Update: India Ratings Downgrades JBF Industries to ‘IND D’
If you were unable to spot red-flags related to credit ratings, Heckyl can help you!
To know more about Heckyl Credit Risk Early Warning System, email us at firstname.lastname@example.org