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IIRA Rating Process
 

Issuer/Client 

 1.

Signs agreement for an initial rating.
2.

Submits preliminary information materials.

IIRA

 3.

Conducts a preliminary study.
4.

Submits a detailed questionnaire to the issuer/client.
Issuer/Client 5. Provides detailed information in response to detailed questionnaire.
IIRA 6. Conducts pre due diligence meeting analysis.
7. Conducts due diligence meetings.
8. Conducts post due diligence analysis.
9. Brief for Committee meetings is prepared.
Rating Committee 10. Decides the preliminary/initial rating.
IIRA 11. Notifies issuer of the preliminary/initial rating.
Issuer/Client 12. May appeal based on any new facts or information.
Rating Committee 13. Deliberates on appeals by issuer/client and gives decision.
IIRA 14. Notifies the decision of the Rating Committee to the issuer/client.
Issuer/Client 15. Consents to release of the rating to the public.
IIRA 16. Releases the rating to media.
   
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