Moody's Investors Service announced today that it has launched Moody's CreditAssessment, a comprehensive credit research service to help investors and risk managers better understand, estimate and benchmark the fundamental credit risk of companies not rated by Moody's Investors Service located in emerging markets.
"Moody's CreditAssessment meets the growing demand from investors and risk managers for credible fundamental research from independent third parties to assess the creditworthiness of unrated emerging market companies issuing debt in domestic and offshore markets," says Praveen Varma, a Managing Director of Moody's Commercial Group. "We are confident that Moody's CreditAssessment will help investors better analyze new and existing investment opportunities in the emerging markets," Varma adds.
CreditAssessment, which is offered as a subscription-based service, is of particular value to global asset managers who are increasing their exposure to the emerging markets.
A key feature of Moody's CreditAssessment is the fundamental credit evaluation of a company's creditworthiness on a scale of 1 (very strong) to 7 (very weak).
The service also provides additional data and research, such as corporate governance analysis, company profile, peer group comparison, and analysis of any government support.