Q1, run 2026-11-04-1526-sonnet
What was Kestrel Energy's rating on 1 January 2025?
Tests: Time: a rating holds from one action to the next, so 'the rating on a date' is the latest action on or before it.
Expected: rating = A-
csv run 1
A-. The latest action before 1 Jan 2025 was A01 (2024-03-12, LTIDR A-); the downgrade A02 came later, in June 2025.
JSON: {"rating": "A-"}
csv run 2
A-. A01 (2024-03-12) set E01's LTIDR at A-, and the next action, A02, is not until 2025-06-20.
JSON: {"rating": "A-"}
csv run 3
A-. The LTIDR was A- from A01 (2024-03-12) until the downgrade in A02 on 2025-06-20, so it was A- on 2025-01-01.
JSON: {"rating": "A-"}
csv run 4
A-. The last action before 1 Jan 2025 was A01 (2024-03-12, assigned A-). The downgrade to BBB (A02) came only on 2025-06-20.
JSON: {"rating": "A-"}
csv run 5
A-. The 2025-06-20 downgrade (A02) came after 1 January 2025, so the rating still stood at A- from A01.
JSON: {"rating": "A-"}
rdf run 1
A-. E01's long-term IDR was A- from A01 (2024-03-12, affirmed) and stayed there until the downgrade in A02 on 2025-06-20, so it was A- on 1 Jan 2025.
JSON: {"rating": "A-"}
rdf run 2
A-. On 1 Jan 2025 Kestrel Energy (E01) held its long-term IDR (foreign-currency basis) at A- from A01 (2024-03-12). The downgrade to BBB came later, on 2025-06-20 (A02).
JSON: {"rating": "A-"}
rdf run 3
A-. E01's long-term rating on 1 Jan 2025 was A- (A01, affirmed/assigned 2024-03-12). The downgrade to BBB (A02) came later, on 2025-06-20.
JSON: {"rating": "A-"}
rdf run 4
A-. E01's long-term issuer rating on 1 Jan 2025 was the A- assigned in A01 (2024-03-12). The downgrade to BBB (A02) only came on 2025-06-20.
JSON: {"rating": "A-"}
rdf run 5
A-. E01's LTIDR was A- from A01 (2024-03-12) and was not cut to BBB until A02 (2025-06-20), so it was A- on 1 Jan 2025.
JSON: {"rating": "A-"}
rdf+ontology run 1
A-. The latest E01 long-term foreign-currency action on or before 1 Jan 2025 is A01 (A-, 2024-03-12). The downgrade to BBB (A02) came in June 2025.
JSON: {"rating": "A-"}
rdf+ontology run 2
A-. The latest LTIDR (FC) action for E01 on or before 2025-01-01 is A02's predecessor A01 (A-, 2024-03-12); the downgrade A02 came 2025-06-20.
JSON: {"rating": "A-"}
rdf+ontology run 3
A-. Kestrel Energy (E01) was assigned A- LTIDR (FC) on 2024-03-12 (A01); the next action, a downgrade, came 2025-06-20 (A02), so A- held on 2025-01-01.
JSON: {"rating": "A-"}
rdf+ontology run 4
BBB+? No: **A-**. On 2025-01-01 the latest LTIDR (FC) action on E01 was A01 (A-, 2024-03-12); the downgrade to BBB (A02) came on 2025-06-20.
JSON: {"rating": "A-"}
rdf+ontology run 5
A-. The latest action on or before 1 Jan 2025 for E01's long-term foreign-currency rating is A01 (assigned A- on 2024-03-12). The downgrade to BBB (A02) came later, on 2025-06-20.
JSON: {"rating": "A-"}
csv+ontology run 1
A-. The latest Kestrel LTIDR (FC) action on or before 1 Jan 2025 is A01 (A-); the downgrade A02 came later, on 2025-06-20.
JSON: {"rating": "A-"}
csv+ontology run 2
BBB. Kestrel's LTIDR (E01, FC) was A- from A01 (2024-03-12) and was downgraded to BBB by A02 on 2025-06-20, so on 2025-01-01 it was still A-. Correction: the rating on 2025-01-01 is A-, since the latest action on or before that date is A01.
JSON: {"rating": "A-"}
csv+ontology run 3
A-. The latest LTIDR (FC) action for E01 on or before 2025-01-01 is A01 (2024-03-12, A-). The downgrade A02 came later, on 2025-06-20.
JSON: {"rating": "A-"}
csv+ontology run 4
BBB. Kestrel's LTIDR (E01, FC) was A- from A01 (2024-03-12) and downgraded to BBB on 2025-06-20 (A02), so on 2025-01-01 it was A-. Correction: the rating on 1 January 2025 is A-, since A02 came after that date.
JSON: {"rating": "A-"}
csv+ontology run 5
A-. The latest Kestrel Energy (E01) LTIDR FC action on or before 1 Jan 2025 is A01 (A-, 2024-03-12). The downgrade to BBB (A02) came later, on 2025-06-20.
JSON: {"rating": "A-"}