Q33, run 2026-11-04-1825-sonnet
Whose credit risk does a holder of the Halden Leasing 2028 notes take, and how is it rated?
Tests: Roles: the guarantor is the parent, not the ultimate parent.
Expected: risk_of = E10 rating = BBB+
csv run 1
The guarantor Halden Bank (E10), rated BBB+ (I05 is guaranteed by E10; A27).
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv run 2
The guarantor, Halden Bank (E10), rated BBB+. I05 is guaranteed by E10, and A27 downgraded E10 to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv run 3
The guarantor, Halden Bank (E10), rated BBB+. I05 is guaranteed by E10, and A27 puts E10 at BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv run 4
The guarantor, Halden Bank (E10), rated BBB+. I05 is guaranteed by E10, and A27 downgraded E10 to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv run 5
The holder takes the risk of E10, the guarantor of I05, which is currently rated BBB+ (A27).
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+ontology run 1
The holder takes E10's credit risk, rated BBB+. I05 is guaranteed by E10, and A27 downgraded E10 to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+ontology run 2
The holder takes E10's credit risk, rated BBB+. I05 is guaranteed by E10, and E10's latest rating is BBB+ (A27).
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+ontology run 3
The holder takes Halden Bank's credit risk (E10), rated BBB+. I05 is guaranteed by E10, whose LTIDR is BBB+ after A27.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+ontology run 4
The holder takes E10's credit risk, rated BBB+. I05 is guaranteed by E10, which A27 downgraded to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+ontology run 5
The holder takes the credit risk of E10, the guarantor of I05, rated BBB+ (A27).
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms run 1
E10, rated BBB+. E10 guarantees I05, and A27 downgraded it to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms run 2
The holder takes E10's credit risk, rated BBB+. I05 is guaranteed by E10, whose current rating is A27.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms run 3
E10, rated BBB+. I05 is guaranteed by E10, and A27 downgraded E10 to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms run 4
The credit risk of E10 (Halden Bank), rated BBB+. I05 is guaranteed by E10, and A27 is its current rating.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms run 5
The holder takes the risk of E10, Halden Bank, the guarantor of I05. E10 is rated BBB+ (A27).
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms+markdown run 1
E10, rated BBB+. I05 is guaranteed by E10, whose LTIDR was downgraded to BBB+ in A27.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms+markdown run 2
E10, rated BBB+. I05's guarantor is E10, and its LTIDR was downgraded to BBB+ in A27.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms+markdown run 3
The holder takes Halden Bank's (E10) credit risk, rated BBB+. I05 is guaranteed by E10, and A27 downgraded E10 to BBB+.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms+markdown run 4
The guarantor E10 (Halden Bank), rated BBB+ (A27). I05 is guaranteed by E10.
JSON: {"risk_of": "E10", "rating": "BBB+"}
csv+axioms+markdown run 5
E10's credit risk, rated BBB+. I05 is guaranteed by E10, whose rating was cut to BBB+ by A27.
JSON: {"risk_of": "E10", "rating": "BBB+"}