S&P upgrades CreditWire service

S&P upgrades CreditWire service

Standard & Poor’s has upgraded its CreditWire ratings and research information service available via Bloomberg Professional.

CreditWire provides immediate access to new issue credit ratings and other rating actions such as upgrades or downgrades, and is available, on a subscription basis, to 167,000 Bloomberg Professional service clients at SPC.

New features of the service include real-time ratings/outlook screens which provide running lists throughout the day of rating changes, bulletins and other actions relating to an issue.

S&P has also added a global credit markets digest, providing clients with daily highlights of recent research, upcoming teleconferences and a list of important articles published at the start of the Tokyo, London and New York business day.

Ken Hoffman, director of digital feed products, Standard & Poor’s, says: “We have streamlined our media releases, announcing a rating or outlook change with the principal reasons the action was taken, in a briefly worded release. Our Summary Analysis, which now contains a more detailed discussion of the current rating, and an outlook to support the intermediate term rating trend, is also available to CreditWire subscribers via the Bloomberg service.”

In addition, S&P is launching CreditWire Japan in response to clients’ requests for Japanese-language content. Coverage includes the 100 sovereigns and supranational issuers rated by Standard & Poor’s, as well as samurai and euroyen issuers.

Standard & Poor’s is currently offering a 60-day free trial to CreditWire on Bloomberg at SPC.

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