Moody’s, MSCI to Launch Service to Gauge Private-Debt Risks
This article is for subscribers only.
MSCI Inc. and Moody’s Corp. are launching a platform to provide risk assessments on private credit loans, in a bid to capitalize on demand for information on a market known for its opacity.
The planned platform, which the companies announced on Monday, will provide assessment of the likelihood of a default on the loans, many of which don’t carry credit ratings. The service will utilize Moody’s data and models, as well as information MSCI has on small, private credit facilities.