NRSRO-recognized credit ratings for private credit transactions - delivered with speed, confidentiality, and institutional credibility.
Egan-Jones has deep expertise across the full spectrum of private credit asset classes, with dedicated analysts for each sector.
ABL facilities, factoring arrangements, and receivables financing rated on collateral quality, advance rates, and servicer performance.
144A and Reg D placements for investment-grade and sub-investment-grade corporate issuers seeking institutional private capital.
Private debt and subordinated instruments issued by banks, insurance companies, and specialty finance companies.
Direct lending, mezzanine, distressed debt, and other private credit fund structures - open-ended and closed-ended.
Non-recourse debt for energy, transport, and social infrastructure - rated on offtake agreements, DSCR, and construction risk.
Royalty streams, licensing revenue, and contract-backed obligations rated on cash flow stability and counterparty credit.
Net-lease and credit tenant lease obligations backed by investment-grade tenants, rated on lease term, tenant credit, and property characteristics.
CRE loans, CMBS subordinate tranches, ground leases, and REIT private debt rated on property cash flows and LTV.
A six-step process designed for the speed and confidentiality that private credit transactions require.
Submit a preliminary transaction overview and supporting materials. Initial discussions focus on transaction and rating process.
Lead analysts conduct an initial discussion with the deal team to review the transaction, key risks, structure, and analytical considerations.
Lead analysts perform a comprehensive credit review, including financial analysis, structural review, cash flow modeling, stress testing, and discussions with the deal team and Egan-Jones analysts.
Following the preliminary verbal assessment, the Engagement Letter and Statement of Work are finalized outlining the scope of services, timeline, and applicable fees.
The analytical team presents findings to an independent rating committee for review and final rating determination in accordance with Egan-Jones methodologies and governance standards.
Final ratings are delivered confidentially to designated parties.
Private credit transactions move fast. Egan-Jones was built to match that pace - with a lean, expert team, a streamlined process, and a track record of delivering credible, independent ratings that institutional investors and insurance companies rely on.
Nationally Recognized Statistical Rating Organization, registered with the SEC since 2007
Certified credit rating agency under EU CRA Regulation
Certified credit rating agency under UK CRA Regulation
Recognized as a Credit Rating Provider for insurance company capital treatment
Contact our private placement ratings team to discuss your transaction and receive a fee proposal.