FILTA GROUP HOLDINGS PLC Credit Rating

BOSTON (AI Credit Rating Terminal) Fri Jul 31 2020 10:49:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below:

Rating Action Overview


We downgraded FILTA GROUP HOLDINGS PLC because the liabilities' resolution-driven default is unlikely because of all of the following: The type of liability is earmarked in the resolution framework for potential exclusion from bail-in at the discretion of the national regulator, other creditors in our view are unlikely to legally challenge such an exclusion. We use econometric methods for period (n+30) simulate with Momentum Spearman Correlation. Reference code is: 2125. Beta DRL value REG 30 Rational Demand Factor LD 4502.463. Likewise, we do not consider factoring programs under sources of liquidity. Unlike asset-based lending (ABL) facilities, factoring is more of a sales transaction and not a loan. In addition, these transactions tend to be very short term. For this reason, we would not consider them a committed source of future liquidity over a 12-month period. Credit Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Credit Ratings, Semantic Signals. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.Oscillators are used for generating credit risk signals by using the semantic and financial signals. The value of the oscillators indicate the strength of trend. Using the correlation matrices, the credit rating risk map for FILTA GROUP HOLDINGS PLC as below:

Credit Ratings for FILTA GROUP HOLDINGS PLC as of 31 Jul 2020


Credit Rating Short-Term Long-Term Senior
AI Rating Class*B1B1
Semantic Signals8158
Financial Signals7171
Risk Signals3358
Substantial Risks5767
Speculative Signals5138

*Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vector Machines.
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