Moody's Private Monitored 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

Private Monitored Rating

Enables engagement with Moody’s on a private and monitored basis

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 customers with rating rationale and research beneficial for customers' own internal management considerations including credit risk assessment, comparison, governance, strategic and financial 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

Provides customers with flexibility to commence a rating relationship at any point during their financing calendar

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

FEATURES

Definitive private credit rating

Rating is subject to ongoing monitoring

Full detailed analysis undertaken by Moody’s lead analyst and rating outcome is concluded via rating committee

Rating assignment at the institutional / corporate level

Delivery of full analysis via confidential credit opinion through a secure virtual dataroom

The PMR is not assigned to debt instruments or utilized for placing debt

Typical uses

An unrated issuer that plans to raise debt in the future, needs a private corporate/entity level rating, or is seeking to build a relationship, analytical track record and credit profile with MIS

A rated issuer repaying debt obligations currently rated by MIS that wishes to maintain a relationship with MIS

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: Private credit ratings are credit ratings produced pursuant to an individual order and provided exclusively to the person who placed the order, are not intended for public disclosure or distribution by subscription and are subject to a duty of confidentiality and limitations on distribution. Private credit ratings may not be used for regulatory purposes in certain jurisdictions, including in the European Union.