This article provides a summary explanation as what a credit rating is, who the main providers are and the methodology these agencies use when assessing the credit strength of a non financial services company.
The approach is predominantly from the point of view of the entity being rated so takes in how to deal with the agencies, what information to provide and other considerations such as alternatives. However this background material will also be useful to users of credit ratings and help them to appreciate what goes into the agencies’ rating assessments.