bg-rating-rationales

Entity-Specific Rating Rationales

29 Sep 2023

Five-Star Business Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by small business loan receivables issued by Dhruva XX 2023

Five-Star Business Finance Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by small business loan receivables issued by Dhruva XX 2023

29 Sep 2023

Five-Star Business Finance Limited: Provisional ratings assigned to PTCs backed by small business loan receivables issued by Dhruva XXI 2023

Five-Star Business Finance Limited: Provisional ratings assigned to PTCs backed by small business loan receivables issued by Dhruva XXI 2023

22 Sep 2023

Five-Star Business Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by small business loan receivables issued by Dhruva XVIII 09 2023

Five-Star Business Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by small business loan receivables issued by Dhruva XVIII 09 2023

21 Aug 2023

Five-Star Business Finance Limited: Ratings upgraded/reaffirmed for PTCs issued under four small business loan transactions

Five-Star Business Finance Limited: Ratings upgraded/reaffirmed for PTCs issued under four small business loan transactions

21 Aug 2023

Five-Star Business Finance Limited: Rating withdrawn for PTCs issued under small business loan receivables transaction

Five-Star Business Finance Limited: Rating withdrawn for PTCs issued under small business loan receivables transaction

24 Jul 2023

Five-Star Business Finance Limited: Ratings reaffirmed; Rated amount enhanced

Five-Star Business Finance Limited: Ratings reaffirmed; Rated amount enhanced

13 Jul 2023

Five-Star Business Finance Limited: Rating withdrawn

Five-Star Business Finance Limited: Rating withdrawn

09 Jun 2023

Five-Star Business Finance Limited: Ratings reaffirmed/assigned

Five-Star Business Finance Limited: Ratings reaffirmed/assigned

01 Jun 2023

Five-Star Business Finance Limited: Rating confirmed as final for PTCs backed by small business loan receivables

Five-Star Business Finance Limited: Rating confirmed as final for PTCs backed by small business loan receivables

27 Apr 2023

Five-Star Business Finance Limited: Rating confirmed as final for PTCs backed by small business loan receivables

Five-Star Business Finance Limited: Rating confirmed as final for PTCs backed by small business loan receivables