S&P Domestic Long Term Issuer Credit Rating

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joost impink

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May 19, 2014, 8:46:37 PM5/19/14
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Hi,

I am forwarding a forum post: (http://www.wrds.us/index.php/forum_wrds/viewthread/333/

I have question concerning the following COMPUSTAT item:

“SPLTICRM—S&P Domestic Long Term Issuer Credit Rating
The Standard & Poor’s Issuer Credit Rating (ICR) is a current opinion of an issuer’s overall creditworthiness, apart from its ability to repay individual obligations.”

Question:

I am wondering if there is any indicator in COMPUSTAT that would help me to differentiate between firm-year observations with a credit rating and firm-year obs without a rating, at all.
Since, COMPUSTAT has only the S&P data available, I cannot be certain, whether observations might have a rating of any other agency (e.g. moody’s or Fitch).

I am particular interested in the case:  
Obs with S&P Domestic Long Term Issuer Credit Rating 
vs. 
obs without a long term issuer credit rating, at all.


If anyone has an answer or hint with regard to my question, I would highly appreciate any suggestions.

Thank you!


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