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Overview of Credit Ratings
Eades, Kenneth M.; Benedict, Ryan
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Overview of Credit Ratings
Eades, Kenneth M.; Benedict, Ryan Technical Note F-1413 / Published August 4, 2003 / 12 pages.
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Product Overview

This note is a brief summary of how credit-rating agencies do their job. It includes historical information on rates and capital spreads. The note serves as useful supplementary reading, for students encountering, for the first time, bonds in a capital-structure case, a capital-markets case, or a cost-of-capital case. The note is designed for undergraduate and executive audiences.




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  • Overview

    This note is a brief summary of how credit-rating agencies do their job. It includes historical information on rates and capital spreads. The note serves as useful supplementary reading, for students encountering, for the first time, bonds in a capital-structure case, a capital-markets case, or a cost-of-capital case. The note is designed for undergraduate and executive audiences.

  • Learning Objectives