Credit ratings

As a leading global provider of credit ratings and research, Moody’s Ratings offers valuable insights into financial stability and creditworthiness for organizations, debt instruments, and securities.




Products

01 Public credit ratings

Public credit ratings

Our public rating service can offer valuable solutions for entities seeking capital market access, allowing for public comparison to peers and other debt issuers.

 A public rating may help:

  • Issuers enhance financing with diversified funding options in capital markets

  • Provide market participants with an independent evaluation of credit quality at the issuer and instrument levels

02 Private credit ratings

Private credit ratings

We offer a suite of private, monitored, credit rating services, including entity-level credit ratings for issuers, loan ratings for borrowers, and private ratings for investors. These ratings are distributed via a confidential data room.

Discover our suite of services:

03 Unpublished ratings

Unpublished ratings

Our unpublished rating services enhance lending decisions for borrowers and provide investors with access to private debt instrument ratings. These ratings are distributed via a confidential data room.

Discover our suite of services:

04 Subscription credit rating

Investor subscription credit rating 

An Investor Subscription Credit Rating (ISCR) is a regulated credit rating assigned to a debt instrument and made available exclusively to eligible investors and lenders under a subscription agreement.

05 Other permissible services

Other permissible services

06 Integrated services

Integrated services

IssuerFocus™

This is a secure cloud-based platform connecting rated issuers with the ratings and research information they need whenever they want.


Understanding credit ratings

As capital markets have become increasingly global and interconnected, investors face an extensive and often bewildering selection of investment opportunities.

Learn how Moody’s Ratings speaks to the relative credit risk of debt instruments and securities across industries and asset classes around the globe.


understanding credit ratings
Understanding credit ratings

Our credit rating system communicates forward-looking opinions on how issuers or financial obligations will perform over time.

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credit rating scale
Credit rating scale

Credit ratings reflect forward-looking opinions on the credit risk of issued financial obligations.

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rating process
Rating process

The timing of our rating process depends on factors like available information, management discussions, and complexity.

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Who we are

Meet our teams

As part of Moody’s Ratings policies and procedures to safeguard the independence, integrity and quality of our ratings process, commercial and analytical responsibilities within Moody’s Ratings are segregated.

Commercial Group

Moody’s Ratings Commercial Group manages commercial relationships with issuers and other market participants seeking ratings services. 

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Ratings & Research

The Ratings & Research Group manages the analytical engagement with issuers across asset classes. Our analytical teams ensure the integrity and consistency of ratings using rigorous and transparent methodologies.

A relationship with us means:

  • An experienced team
  • A clear process
  • A transparent assessment
  • A proactive and continuing engagement
  • Timely research

 

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FAQs

Credit rating agencies assign credit ratings, which are forward‑looking opinions of the relative credit risk of entities, credit commitments, or debt or debt‑like securities. Credit risk is defined as the risk that an entity may not meet its contractual financial obligations as they come due and any estimated financial loss in the event of default or impairment. Credit ratings are expressed using standardized rating symbols and global long‑term and short‑term rating scales and are assigned using published rating methodologies.

The credit rating scale consists of standardized rating symbols used in Moody’s global long‑term and short‑term rating scales to express relative credit risk. For long‑term obligations, ratings range from Aaa, which is judged to be of the highest quality and subject to the lowest level of credit risk, to C, which is the lowest rating category and is typically associated with default and limited prospects for recovery. Numerical modifiers 1, 2, and 3 are appended to certain rating categories to indicate relative ranking within a category.

Under Moody’s global long‑term rating scale, obligations rated Aaa, Aa, and A are judged to have the lowest to low levels of credit risk, while obligations rated Baa are judged to be medium‑grade and subject to moderate credit risk. Together, these rating categories represent obligations with lower to moderate levels of credit risk relative to lower‑rated categories on the scale.

No. Moody’s Ratings does not assign ESG ratings per se, ESG risk ratings, or issuer-level ESG scores. Within its credit rating analysis, however, Moody’s Ratings may capture ESG-related considerations through tools such as Issuer Profile Scores (IPS) and Credit Impact Scores (CIS), which assess how environmental, social, and governance factors may influence an issuer’s credit profile.

In addition, Moody’s Ratings provides separate, non-credit assessment services, including Net Zero Assessments (NZA) and Second Party Opinions (SPO). As part of its SPO offering, Moody’s Ratings may also opine on alignment with regional and global standards through Supplementary Opinions, including the EU Green Bond Standard.

Asset Asian Wards 2022: Rating Agency
CFI.co 2023: Best Credit Risk Analysis
Creditflux CLO Census 2022: Best Rating Agency for US CLO Investors
Environmental Finance Sustainable Investment Awards 2023: Most Transparent Credit Rating Agency
GIFA: Global Islamic Finance Awards
GlobalCapital Bond Awards 2023: Best Rating Agency for Corporate Bonds
GlobalCapital European Securitization Awards 2023: Recognizing Outstanding Achievements in European Structured Finance
IJGlobal Awards 2022
Institutional Investor Global Fixed Income Research 2022: #1 Best Credit Rating Agency
Kanganews Awards 2022

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