Overview of Credit Ratings
Eades, Kenneth M.,...
Overview of Credit Ratings
Eades, Kenneth M.; Benedict, Ryan
F-1413 | Published August 4, 2004 | 12 pages Technical Note
Collection: Darden School of Business
Product Details
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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