02 What is a Moody’s rating? / What are Moody’s credit ratings?

“Published by Moody’s Ratings, credit ratings are forward-looking opinions of the relative credit risks of debt obligations, such as issued bonds, owed by companies, governments or other corporate borrowers. Moody’s defines credit risk as the risk that a debt issuer (also known colloquially as a “borrower”) may not meet its contractual financial obligations as they come due.”