Q47, run 2026-11-04-1738-sonnet

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How is Corvenia Power's 2034 note rated?

Tests: Local action: an expected rating (EX) is not a rating until assigned.

Expected: rating = none

✅ R1 csv run 1 graded by code

None. I08 has only an EX action (A47). EX is not defined in the data, and there is no assignment (AS) record for I08.

JSON: {"rating": "none"}

✅ R1 csv run 2 graded by code

None. A47 (2026-09-01) expired the I08 rating.

JSON: {"rating": "none"}

✅ R1 csv run 3 graded by code

None. I08 has a single action, EX on 2026-09-01 (A47, last rating A), which I read as ending the rating. The data doesn't define EX.

JSON: {"rating": "none"}

✅ R1 csv run 4 graded by code

None. A47 marked I08 expired (EX) on 2026-09-01, when it was rated A.

JSON: {"rating": "none"}

✅ R1 csv run 5 graded by code

None. A47 (2026-09-01) expired the rating on I08, so there is no current rating. It was A.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 1 graded by code

None. I08 only has an Expected rating (A47), so it is unrated.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 2 graded by code

None. I08 has only an EX action (A47) and no assignment.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 3 graded by code

None. I08 has only an expected rating (A47, EX), so it is unrated.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 4 graded by code

None. I08 has only an expected rating (A47, EX), so it is unrated.

JSON: {"rating": "none"}

✅ R4 csv+markdown run 5 graded by code

None. I08 has only an Expected rating (A47, EX), which is not yet a rating.

JSON: {"rating": "none"}

✅ R10 executed run 1 graded by code

None. I08 has no INST rating record, and the data does not state that an unrated senior note takes its issuer's rating (E15 is A).

JSON: {"rating": "none"}

✅ R10 executed run 2 graded by code

None. I08 has no rating record.

JSON: {"rating": "none"}

✅ R10 executed run 3 graded by code

None. I08 has no rating rows.

JSON: {"rating": "none"}

✅ R10 executed run 4 graded by code

None. I08 has no rating row.

JSON: {"rating": "none"}

✅ R10 executed run 5 graded by code

None. I08 has no rating row.

JSON: {"rating": "none"}