European Loan Ratings Emerge from Shadows

Colter, Allison Bisbey
December 2011
High Yield Report;12/5/2011, p22
The article discusses the shadow ratings offered by Standard & Poors (S&P), Moody's Investors Service, and Fitch Ratings in the European loan market. It states that the diminishing collateralized loan obligations (CLO) in the region has prompted the ratings agencies to scout for new markets and offer an issuer-paid higher-end products. Andrew Harling of Moody's, Paul Drake of S&P, and Edward Eyerman of Fitch share their market insights.


Related Articles

  • Indonesia: Bought The Rumour, Selling The News.  // Emerging Markets Monitor;1/2/2012, Vol. 17 Issue 37, p7 

    The article reports that ratings agency Fitch has given Indonesia its first investment grade rating that raised its long-term and local currency rating to BBB- from BB+. Standard and Poor's and Moody's, the two other principal ratings agencies, are expected to do likewise in first quarter of...

  • Ravitch: N.Y. Needs to Maintain Ratings. Phillips, Ted // Bond Buyer;9/23/2009, Vol. 369 Issue 33188, p4 

    The article focuses on the statement of Lieutenant Governor Richard Ravitch which specifically concentrates on the priority of maintaining the double-A range credit rating in New York. Ravitch will help to address the 2.1 billion dollars state deficit. Meanwhile, the state's general obligation...

  • Taking on the Big 3. GARMHAUSEN, STEVE // Crain's New York Business;1/30/2012, Vol. 28 Issue 5, p0013 

    The article focuses on the competition among upstart credit-rating firms and already established firms in the bond-rating business in New York City. As stated, Kroll is one such firm which is challenging the dominance of Standard & Poor's Corp ratings services, Moody's Investors Service Inc. and...

  • Fortuño asks credit-rating agencies to give time to new administration. MARINO, JOHN // Caribbean Business;12/13/2012, Vol. 40 Issue 49, p2 

    The article reports on the request of Puerto Rican Governor Luis Fortuño for credit-ratings agency to give time for the administration of Governor-elect Alejandro Garcia Padilla to establish his fiscal policy. It mentions that Fortuño talked to Standard & Poor's Corp. (S&P), Fitch Ratings...

  • A MATTER OF THEIR OPINION. BLYTH, ALEX // Accountancy;Aug2009, Vol. 144 Issue 1392, p28 

    The article presents an overview of the role that several credit rating agencies, including Moody's, Fitch Ratings and Standard & Poor's have played in helping to create a credit slow down in Great Britain, Europe and the U.S. In the article the author offers his opinions on the performance of...

  • At the mercy of the Big Three. Shackle, Samira // New Statesman;12/12/2011, Vol. 140 Issue 5083, p14 

    The article discusses the ratings firms Standard & Poor's, Moody's, and Fitch. All bonds issued by a country or a company must obtain a rating from one of the three services. It is noted that many highly-rated, securitized assets performed poorly during the 2008-2009 global financial crisis....

  • 'Boutique' John Wayne Airport Selling $236M. Saskal, Rich // Investment Dealers' Digest;6/26/2009, Vol. 75 Issue 25, p13 

    The article reports on the credit rating upgrade received by John Wayne Airport from some major credit rating agencies in Orange County, California. The airport management expands the airport facility by widening the service area and improve its passenger capacity. The airport has used cash to...

  • Capital Economics: Why a ratings downgrade won't hurt the UK. Jackson, Gary // Money Marketing (Online Edition);7/27/2012, p13 

    The article discusses why downgrade ratings of Great Britain will not affect the country as safe haven for investment according to economic forecasting consultancy Capital Economics Ltd. It says the country has been rated with AAA rating by Moody's Investors Service Inc., Standard & Poor's...

  • Atlanta Wastewater Bonds Upgraded Ahead of $1.25B Refunding. Sigo, Shelly // Bondbuyer.com;1/23/2014, p29 

    The article reports on the ratings received by the city of Atlanta, Georgia from credit rating agencies Standard & Poor's (S&P), Moody's Investors Service and Fitch Ratings for its water and sewer revenue bonds as of January 2015. Topics covered include the association of the rating with the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics