Standard & Poor’s offers its corporate clients a suite of ratings services that are meant to help demonstrate a corporation’s financial strength to investors, counterparties, or potential business partners.
Bank Loan and Recovery Ratings are developed for lenders and investors in leveraged loans and high-yield bonds. These types of ratings go beyond the overall corporate creditworthiness of the borrower to capture the estimates of post-default recevery and its effect on issue-level ratings.
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