Credit ratings matter for corporate financing

The credit rating report also helps institutional investors gain more credibility to require a company to practice improved transparency, responsibility, and risk management which includes capital allocation

BY EPHRAIM CHAWONEKA IN today’s dynamic financial ecosystem, credit ratings are strong pillars of transparency and risk appreciation in capital markets and banking. These ratings have real financial consequences far beyond mere symbols, determining how much a company pays to raise capital, how it is regarded by lenders and investors, and how efficiently financial markets…

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