Short-term Rating Scale

07th October of 2014

Axesor Rating's growth plan started the development of a new Rating Scale to rate debt issuances with maturity within a year, that is to say, short-term. Axesor's new Rating Scale has the main objective of issuing Credit Ratings which establish the level of potential default for a determined entity and/or asset in a period no greater than 12 months.

Axesor has not received any comments for this notification during the open period designated for allegations and comments.