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Wildy’s Book News

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Vol 22 No 3 March/April 2017

Book of the Month

Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Simon Mortimore
Price: £225.00

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UK Public Holiday May 2017

Wildy's will be closed on Monday 1st May and will re-open on Tuesday 2nd May.

Online book orders received during the time we are closed will be processed as soon as possible once we re-open on Tuesday.

As usual Credit Cards will not be charged until the order is processed and ready to despatch.

Any non-UK eBook orders placed after 5pm on the Friday 28th April will not be processed until Tuesday 2nd May. UK eBook orders will be processed as normal.

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Understanding and Managing the Credit Rating Agencies

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ISBN13: 9781781372586
Published: March 2014
Publisher: Euromoney Institutional Investor
Country of Publication: UK
Format: Paperback
Price: £175.00

Despatched in 7 to 9 days.

This brand new book offers insight from a senior practitioner inside the credit rating agency world. It is a unique first-time explanation of the business and inner workings of the credit ratings industry.

The book opens up previously undisclosed areas of information that will make issuers smarter participants in the ratings game. It will help them achieve their "optimal" rating by becoming familiar with the layout of the pitch, by learning how the agencies think and operate, how their business principles guide their processes, and the role of information asymmetry and secrecy. Without understanding the rating agencies' goals, assumptions and processes, an issuer's rating will not be optimal, and cost-effective funding may not be achieved.

The three major international rating agencies, Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings, dominate the credit ratings business around the world. Given their many decades of experience, the agencies believe their set of rating procedures and methodologies are the best way to assess credit risk. They hold a number of beliefs about how companies, banks and governments should operate so that the interests of investors are protected.