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September 1, 2010

 
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Tertius Smith
BUSINESS DIARY CONTRIBUTOR
Tertius Smith 

Tertius Smith is the Managing Director of Fitch Ratings (SA) writing in his personal capacity. He earned B.Comm and MBA degrees from the University of Stellenbosch, B.Comm (Hons) degrees in economics and financial management from the University of South Africa, and an M.Comm degree (cum laude) and higher diploma in tax law from the University of Johannesburg Contact: e-mail- tertius.smith@fitchratings.com Website: fitchratings.com
 

CREDIT RATINGS OF SUBSIDARIES 

Credit rating agencies are often asked to assign issuer default ratings to companies that are tied together by a parent and subsidiary relationship.

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