There can be further divisions in each letter rating. For example, S&P assigns a + or - for ratings between CCC and AA, indicating a slightly higher or lower level of creditworthiness. For Moody's, the distinction is made by adding a number between 1 and 3: A Baa2 rating is slightly b...
GINNY SKALSKI
Credit rating agencies attempt toassess the financial strength of debt issuers, such as corporations, and of their individual debt offerings, for the benefit of investors and other interested parties. The ratings are typically commissioned by, and paid for by, the issuers themselves.1Y...
Fitch Ratings provides forward-looking credit opinions, as indicated by its ratings, that reflect its expectations of credit behavior over a range of scenarios. The rating process begins when an arranger, issuer, sponsor, or underwriter contacts a member of Fitch’s Business Relationship Management ...
The "worldwide credit crisis" has thrust credit rating agencies into the spotlight, with attention focused on their ratings of novel structured finance products. Policymakers have undertaken a number of initiatives intended to address perceived problems with such ratings – enhancing competition, promoting...
Profitability and state-ownership are weighed more positively by global rating agencies. The influence of the variables is generally stable across a variety of robustness checks. In spite of these differences, both domestic and global ratings appear to be priced into the market values of rated ...
The report, authored by senior associate Omar Ouzidane, revealed 216 rating revisions in the quarter, down from the 230 reported in the previous three-month period. Total dollar affected was $31 billion, with 126 rating upgrades for state and local governments and 12 downgrades during the ...
of China (PSBC), the highest issuer credit rating, with a stable outlook. It’s the first time that PSBC was assigned an issuer credit rating by S&P Global (China) Ratings, being the first major state-owned bank in China to receive an issuer credit rating from S&P Global (China) ...
Whether your credit limits are higher or lower than average, there are a few steps you can take to “win” when it comes to your credit rating and your financial health. Use your card for rewards and maximize your card’s benefits, yet refrain from carrying a balance unless you absolutely...
BEIJING, May 1 (Xinhua) -- Credit ratings agency Fitch recently downgraded the outlooks on China's sovereign credit rating along with those of six major state-owned banks, drawing criticism from economic analysts who deem it unfair and unjust. They argue that such actions fail to accurately re...