Home > company information > Company Credit Ratings from TONE.com deals

Company Credit Ratings from TONE.com deals

Do University of Manchester researchers have access to company credit ratings? Yes, but the data is limited so may not be sufficient for some researchers.

There are no company credit rating datatypes (variables) in Datastream (including Worldscope), but they do exist in the deals module of Thomson ONE.com.

Thomson ONE.com deals search (click to expand)

Thomson ONE.com deals search (click to expand)

For example, let us search for bond issues:

  • TONE.com – Screening and Analysis – Deals Advanced Search – All Bonds
  • Issue Date – 1 Jan 2000 to 1 Jan 2010
  • Issuer/Borrower Nation – United Kingdom
  • Issuer Public Status – Public

Then in the results report include the fields:

  • SP  – Ratings: S&P Debt/Bank Loan Rating
  • MDY – Ratings: Moody’s Debt/Bank Loan Rating
  • Issuer Name (I), 6-digit CUSIP (CU),

In this case there are 2625 results that can be exported to Excel. (The export to Excel can timeout for large numbers of results – if this happens vary the issue date criteria a to reduce the number of results from a single request.)

TONE.com deals - UK company ratings from bond issues (click to expand)

TONE.com deals – UK company ratings from bond issues (click to expand)

These results do include many observations for the some companies, especially financial companies such as the Royal Bank of Scotland, and the rating can be NR (Not Rated) or – (unknown).

Further sorting of the results reveals the observations cover 329 distinct companies, but some will be not rated. (The Nov 17 2009 issue for Segro PLC in screenshot above was NR, and that is the only observation for that company in these results.)

US Company Credit Ratings

For US companies there is data in Compustat on WRDS – see Company  Credit Ratings ( posted March 2011) 

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