This article is a summary of how the credit rating agencies do their job. It includes historical information on pricing and capital distributed. The note serves as a useful supplementary reading for students encounteing, for the first time, due to the capital structure of the event, the capital markets business, or the cost of capital case. The note is for students and executive audiences.
This Darden study. "Hide
by Kenneth Eades, Ryan N Benedict Source: Darden School of Business 13 pages. Publication Date: August 4, 2003. Prod. #: UV0400-PDF-ENG