Moody's Indicative Rating

As demand continues to grow for independent analysis of sustainable financing frameworks, Moody’s is here to support you. Our market-innovating Second Party Opinions (SPOs) of green, social, sustainability and sustainability-linked bonds and loans bring clarity to the sustainability impact of financing frameworks and instruments and their alignment to market standards. SPOs help issuers communicate their sustainability objectives with key stakeholders, and may facilitate customers’ access to capital.

Click here to a view a selection of SPOs published prior to November 2022

EXPLORE THE BENEFITS OF A

Indicative Rating

Provides analytical output on a prospective first time debt rating

Support your finance strategy

May attract and access funding from responsible investors

Diversify and extend your investor base

May result in attractive funding costs, improved deal execution and increased subscription levels

Provides issuers with a tool to assist with financial and strategic planning

Communicate your sustainability development and initiatives

Strengthen corporate sustainability initiatives

Demonstrate your project's contribution to sustainability, your commitment to innovation and sustainable development

Assess how proceeds of bonds and loans contribute and align to sustainability principles

May reduce turnaround time for future rating services

Increase transparency with market participants

Allows you to clearly demonstrate a transaction’s sustainability value among investors, regulators and peers

Provide visibility to investors and lenders on reporting of your instrument and financing framework

Typical uses

An organization with a planned issuance with one debt structure

Analytical Coverage

For rated organizations, typically the lead analyst will conduct the RAS analysis

For unrated organizations, a lead analyst will be determined based on sector experience and analytical availability

RAS outcomes are determined by a RAS committee

Note: Indicative Ratings are not equivalent to and do not represent traditional MIS Credit Ratings. However, Indicative Ratings are expressed on MIS’s traditional rating scale.