21 Dec 2021
Give them an “A”
Know who your client is lending to! Review this practice note, which discusses third party credit rating agencies and the credit ratings issued by those credit rating agencies. Credit ratings are assessments by the credit rating agencies of an entity’s creditworthiness, either generally, or with respect to a particular debt obligation.
Related Content
- Credit Ratings
Review this practice note describing credit rating agencies, which provide an objective and analytical opinion on the risk of payment defaults by looking at various factors that help investors decide whether to invest in particular loans or securities.
- EU Regulatory Regime for Credit Rating Agencies
Get up to speed on credit rating agencies in the European Union (EU).
- Financial Covenants and EBITDA Calculations in Credit Agreements
Read this practice note to understand the use of financial covenants in credit agreements, which require the borrower to comply with negotiated financial performance benchmarks. It also discusses how EBITDA is defined in a credit agreement.
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