BOSTON (AI Credit Rating Terminal) Sat May 29 2021 10:30:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Rating Action Overview We rerated HELICAL PLC because of management has no or few defined standards and tolerances and little risk management capability. (We use econometric methods for period (n+7) simulate with Bollinger Bands Simple Regression). Under times of stress, such actions could include dividend cuts, suspension of share repurchases, or maintenance of minimum cash balances. This is particularly relevant for exceptional and strong assessments, where issuers are required to carry higher levels of excess liquidity even during times of stress. For example, when assessing liquidity, we would generally expect companies to be able to cover the full amount of dividends and share repurchases included in our base-case forecast, while still maintaining excess liquidity and achieving the required A/B and A-B measures under a stress
