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Spread Research SAS is a French
credit rating agency A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of Default (finance), default ...
and independent credit research company. The company was founded in 2004 and in 2013 became the first French credit rating agency to be authorised. The company is based in
Lyon Lyon,, ; Occitan language, Occitan: ''Lion'', hist. ''Lionés'' also spelled in English as Lyons, is the List of communes in France with over 20,000 inhabitants, third-largest city and Urban area (France), second-largest metropolitan area of F ...
, France, and has a presence in London and Paris. Spread Research has been certified as credit rating agency by the
European Securities and Markets Authority The European Securities and Markets Authority (ESMA) is an independent European Union Authority located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of the three new European Sup ...
(ESMA) since mid-2013, allowing the company to operate in Europe. As of 2013, the company had 15 employees. In France, until 2013, only the branches of
Standard and Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is cons ...
,
Moody's Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides internationa ...
and
Fitch Ratings Fitch Ratings Inc. is an American credit rating agency and is one of the " Big Three credit rating agencies", the other two being Moody's and Standard & Poor's. It is one of the three nationally recognized statistical rating organizations ( NRSRO ...
were certified by the ESMA. Spread Research operates under an investor-pays model, rather than being paid by rated companies. Spread Research has been awarded "Top 5 Best Credit Research" by Credit Magazine in 2010."Credit Awards 2010", ''Credit Magazine'', July/August 2010, page 73


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External links

* {{official, http://www.spreadresearch.com/ Credit rating agencies Financial services companies of France French companies established in 2004