This Middle Market Risk report examines credit risk trends for US private firms.
We created this report to lend insight into risk trends for the usually opaque private
firm credit market. Using RiskCalc® Credit Cycle Adjusted (CCA) private firm
EDF credit measures, bank risk ratings, and realized default information, this report
provides information into a market where data is otherwise unavailable.
The data source is Moody’s Analytics Credit Research Database® (CRD).
The CRD collects quarterly data from 15 US lending organizations, representing both
large institutions and smaller regional banks. The breadth and depth of the CRD
makes the data a strong representative of the US Credit market. The CRD works actively
with each institution to ensure complete and thorough understanding of loan accounting
and financial statement data. Defaults compliant with our interpretation of the
Basel II directive are captured in a consistent and accurate manner by using information
in each institution’s loan accounting data.
