...Highly credit relevant to the rating(s) and is a key rating driver that has a significant impact on the rating on an individual basis. The general issue unambiguously, by itself, drives a rating action, Outlook revision or Rating Watch. Credit relevant to ratings, but not a key rating driver by itself. It has an impact on the rating in combination with other factors. The general issue represents a constraint or a limitation on the rating but does not drive a rating action by itself. Minimally credit relevant to the ratings, either due to its very low impact over the base case rating forecast period, or due to it being actively managed in a way that results in no impact. Credit relevant to the sector/subsector but not the issuer, over the base-case rating forecast period. Irrelevant to the sector/subsector from a credit perspective and irrelevant to the entity ratings, over the base-case rating forecast period....
