Moody's Private Rating for Investors

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 Rating for Investors

Independent credit analysis

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

Offers comparison capability

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

Clear rating rationale based on transparent methodologies

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

Complements credit analysis undertaken by applicant

Aids investor access to historically inaccessible asset class

Enhances secondary market liquidity

FEATURES

Definitive, private, monitored ratings are available for infrastructure and project finance debt instruments. May be requested by a debtholder or potential debtholder, such as a bank, direct institutional investor or asset manager on behalf of investors.

Service is undertaken through direct engagement with the applicant

Credit analysis is undertaken by sector-specialist analytical team based on information provided by the applicant

The PRI is subject to information, rating committee and internal documentation procedures analogous to those that apply to Moody’s published credit ratings and to the same level of rigorous analysis and monitoring

The applicant has direct access to the lead analyst to discuss the rating rationale. The rating, rating outlook and rating rationale are delivered solely to the applicant

As part of the monitoring process, Moody’s updates the rationale for the rating at least once annually and will also provide more frequent updates if rating action is warranted. Limited distribution of the rating is permitted in certain jurisdictions under certain conditions, including Moody’s consent.

Typical uses

This service provides a tool for market participants who are developing efficient solutions to increase their exposure to sub-sovereign, infrastructure and/or project finance debt

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