October 5, 2021
Caribbean Information and Credit Rating Services Limited (CariCRIS) has lowered the Issuer/ Corporate Credit ratings by one-notch to CariA+ (Foreign and Local Currency Ratings) on the regional rating scale, and ttA+ on the Trinidad and Tobago (T&T) national scale to the Trinidad and Tobago Mortgage Finance Company Limited (TTMF or the company). These ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligors in the Caribbean and within T&T is good. The ratings include a 1-notch upgrade for the high likelihood of support from the Government of the Republic of Trinidad and Tobago (GORTT), if needed.
TTMF-Rating-Release-05-Oct-2021