Interpath’s independent Rating Advisory team specialises in advising clients on all aspects of obtaining, defending and improving their credit ratings. The Ratings Advisory team has significant experience working on transactions with the credit ratings agencies, including debut credit ratings, transformational rating events and RES/RAS processes.
We offer a range of credit rating advisory solutions dependent on the situation that our clients are experiencing.
Shadow Ratings
- We provide an indicative credit rating assessment for clients that currently do not have a credit rating.
- This provides an initial view of a business’s credit quality, which can be used to inform future capital raising decisions.
- We perform an in-depth assessment of the financial and business risks, advising on the possible adjustments and judgement areas that are likely to be applied by the credit rating agencies.
Debut Ratings
- We provide hands on support to our clients on obtaining a credit rating for first time public or private credit rating.
- Ensure that issuers make the optimum first approach to the rating agencies and set out the particular nuances of the credit story in a way that will resonate with each agency’s methodology.
Ratings Defence
- We assist our clients in identifying the credit rating downgrade factors, interpreting the agencies’ areas of focus and identifying the route to rating stabilisation.
- We help to articulate the rating downgrade risk to key stakeholders and assist in the communication of potential mitigating actions.
- Provide a clear and concise cost / benefit analysis of a ratings downgrade
- Work with our client to communicate to the agencies the Board’s commitment to the credit rating and a robust runway to rating stability.
