Disclaimer

The following points outline the terms, conditions, and limitations of the information and services provided on this website:

1. Purpose and Scope of Information

   • The information provided is intended for a general understanding of credit ratings and related topics.
   • Ratings are statements of opinion about relative future credit risk and not statements of fact or financial advice. They are not recommendations to buy, hold, or sell any securities, nor endorsements of data accuracy or conclusions.
   • Ratings do not address other risks, such as liquidity risk, market value risk, or price volatility.
   • It does not replace professional advice in areas including but not limited to accounting, finance, taxation, legal, or technical matters.

2. Definition of Credit Risk

   BWR defines credit risk as the likelihood of a failure to meet contractual financial obligations as they become due and any estimated financial loss in the event of default.

3. Use of Credit Ratings and Opinions

   • Users are responsible for conducting independent assessments of financial instruments, issuers, guarantors, and providers of credit support before making decisions.
   • Users should consult professionals for advice related to investments, taxation, legal matters, or financial decisions. Ratings should be weighed as one of the factors in making credit or investment decisions and should not be considered as substitutes for independent judgment or professional expertise.

4. Reliability of Information

   • BWR obtains information from sources it deems reliable, including third parties when appropriate. However, BWR does not independently verify all data and is not responsible for errors, omissions, or inaccuracies in such information.
   • The information is offered on an "AS IS" and "AS AVAILABLE" basis, without warranties of any kind, whether express or implied.

5. Geographic and Legal Limitations

   • Materials, tools, and services on BWR's website may not be appropriate or lawful for use in certain jurisdictions.
   • Users accessing the website from prohibited territories do so at their own risk and are responsible for compliance with local laws.

6. Updates and Modifications

   • BWR may revise ratings, opinions, tools, or website content at its sole discretion and without prior notice.
   • There may be times when the website or its contents are temporarily unavailable.
   • There may be times when during periods of website updation, there may be some inaccuracies or typographical errors.

7. Limitations of Liability

   • BWR disclaims all liability for special, indirect, incidental, or consequential damages, including lost profits, business opportunities, goodwill, or data, arising from the use of its ratings, tools, or website.
   • BWR and its licensors and suppliers make no representation or warranty, express or implied, regarding the accuracy, timeliness, completeness, merchantability, or fitness for a particular purpose of the website or any related materials, products, services, or information.
   • Under no circumstances will BWR or its licensors or suppliers be liable to you for any special, indirect, incidental, or consequential damages of any kind, even if advised of the possibility of such damages.

8. Indemnity

   By using BWR's website or services, you agree to indemnify and hold harmless BWR, its affiliates, licensors, employees, directors, agents, successors, and assigns from any damages, liabilities, costs, or expenses (including reasonable attorneys' and professionals' fees) arising out of:

   • Your use of the website or content.
   • Any breach of these terms and conditions.
   • Any infringement of third-party rights.

9. Reproduction and Distribution

   Content on BWR's website may not be reproduced, distributed, or published without prior written consent from BWR.