The topic of “credit ratings” is of central importance for corporate treasurers. Whether in the context of bank lending, the placement of bonds on the capital markets, or strategic financial planning, credit ratings have a significant impact on financing costs, capital availability, and the confidence of banks, investors, and other business partners. A sound understanding of the different types of ratings and how they function is therefore an essential component of treasury work.

With this best practice note, we aim to provide a concise overview of the key questions surrounding the topic of credit ratings. This article marks the beginning of a new series: in upcoming editions, we plan to publish in-depth contributions on the subjects of bank ratings and agency ratings.

If you have any questions or suggestions regarding the topic of credit ratings, the VDT Equity & Debt Committee will be pleased to support all members.

Die deutsche Fassung finden Sie unter diesem Link.

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