#Latest news with #loanratingsBloomberg19-05-2025BusinessBloombergMorningstar CEO Sees Private Credit as Avenue to Take On RivalsMorningstar Inc. is trying to make its mark by rating loans within the $1.6 trillion private credit market, which could help the firm take on rivals Fitch Ratings, S&P Global Ratings and Moody's Ratings. Those three large firms have dominated public credit ratings, because money managers buying conventional corporate bonds usually need ratings from at least two of them under rules in their investment policy statements.
Bloomberg19-05-2025BusinessBloombergMorningstar CEO Sees Private Credit as Avenue to Take On RivalsMorningstar Inc. is trying to make its mark by rating loans within the $1.6 trillion private credit market, which could help the firm take on rivals Fitch Ratings, S&P Global Ratings and Moody's Ratings. Those three large firms have dominated public credit ratings, because money managers buying conventional corporate bonds usually need ratings from at least two of them under rules in their investment policy statements.
19-05-2025
