|
|
|
 |
Member Area |
|
|
|
|
|
|
|
Newsletter |
|
|
|
|
Enter your email address to receive
our latest news & additions: |
|
|
|
|
|
|
|
Tell a Friend |
|
|
|
|
|
|
|
|
|
|
Sector-Specific
Analysis |
|
|
Specific risk factors likely to be weighed in a given rating will
vary considerably by sector. Moody's publishes in-depth interviews
of our rating approach for each sector. Moody's ratings provide the
international capital markets with a globally consistent framework
for comparing the credit quality of rated debt securities. The
rating system permits a comparison of rated obligations regardless
of the currency of the obligation, country of the issuer, or the
industry in which the issuer operates. |
|
|
MOODY'S RATING SYSTEM: |
|
|
Moody's Long-Term Ratings |
|
|
Moody's long-term ratings are assigned to specific instruments (such
as bonds, preferred stock and debentures) and reflect our assessment
of: |
|
|
1) Credit Risk - the future ability of an issuer to repay its
long-term debt obligations. |
|
|
2) Indenture Protection - the level of legal protection afforded to
the holder of a specific security based on that security's indenture
provisions relating to senior/subordinate status, security, negative
ledge clauses, guarantees, etc. An issuer's senior, unsecured debt
rating may be regarded as an indication of the issuer's overall
credit quality, but investors are advised to confirm ratings of
specific securities issued by a single issuer as it may carry
different ratings due to different indenture provisions/Security
Level. |
|
|
Precise definitions of each long-term rating category are provided
in the next section. |
|
|
Moody's Short-Term Ratings |
|
|
 |
|
Moody's short-term ratings, unlike our long-term ratings, apply to an individual issuer's capacity to repay all short-term obligations rather than to specific short-term borrowing program. Once assigned to an issuer, a short-term rating is global in scope; it applies to all the issuer's senior, unsecured obligations with an original maturity of less than one year regardless of the currency or market in which the obligations are issued. An exception to the global nature of these ratings occurs if an issuer's rating is supported by another entity through vehicles such as a letter of credit or guarantee. Precise definitions of each short-term rating category are provided in the next section. |
|
|
|
The following is a ranking (from highest to lowest) of Moody's long-term and short-term rating categories. The indicated relationship between long-term and short-term ratings is approximate and may not necessarily apply in all situations. |
|
|
|
|
|
|
|
|
|
|
 |
Highlights |
|
|
|
|
|
Contact Securitization Company - 7th...
|
|
|
|
|
|
MERIS (Middle East Ratings & Investors Service) Affirms the National Scale Ratings (NSR) to the Seventh Multiple-Tranches Asset-Backed Securitization Bond...
|
|
|
|
More..
|
|
|
|
|
|
 |
|
|
|
|
Contact Securitization Company - 6th...
|
|
|
|
|
|
MERIS (Middle East Rating & Investors Service) Affirms The National Scale Ratings (NSR) to the 6th Multiple-Tranche Asset-Backed Securitization Bond...
|
|
|
|
More..
|
|
|
|
|
|
|
|
|
|
|
|
|
Structured Finance Presentation |
|
|
|
|
 |
|
A structured finance security is a security backed by a pool of assets (underlying assets) such as real estate, trade receivables, marketable ... |
|
|
More.. |
|
|
|
|
|
|
|
|
|
|
Financial markets should be
efficient and fair to all market
participants. Credit rating agencies
play an important information role
in these markets. Moody’s Investors
Service (“Moody’s”) provides
opinions in the form of credit
ratings and related ... |
|
|
More.. |
|
|
|