The LSE Directory

AM Best: Insurance-only credit rating agency issuing the industry's benchmark Financial Strength Ratings since 1899.
Egan-Jones Ratings Company: Investor-paid NRSRO credit rating agency built to remove the issuer-pays conflict baked into Moody's, S&P and Fitch.
Fitch Ratings: One of the world's three major credit rating agencies, assigning AAA to D ratings to sovereigns, corporates, banks and structured finance.
ICRA Limited: Moody's-majority-owned credit rating agency assessing debt instruments, banks, NBFCs and structured finance for the Indian market.
Kroll Bond Rating Agency (KBRA): US-based NRSRO credit rating agency covering structured finance, financial institutions and corporates, founded in 2010 by Jules Kroll.
Moody's Investors Service: Big Three credit rating agency scoring sovereign, corporate and structured debt from Aaa to C; renamed Moody's Ratings in March 2024.
Morningstar DBRS: Fourth-largest global credit rating agency, rating over 4,500 issuers and about 68,000 securities worldwide.
R&I (Rating and Investment Information Inc.): Japan's largest domestic credit rating agency, majority owned by Nikkei, covering roughly 700 Japanese issuers.
Scope Ratings GmbH: Berlin credit rating agency positioned as Europe's alternative to Moody's, S&P and Fitch, rating sovereigns, banks and corporates.
S&P Global Ratings: Assigns AAA-to-D credit ratings to governments, corporations and debt securities; the largest of the Big Three rating agencies by revenue.