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Moody’s discloses unsolicited ratings

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Rating agency Moody’s is planning to disclose whether individual ratings are unsolicited, in a response to investor and regulatory pressure for greater transparency.Investors want to know how much information a credit rating is based on. A solicited rating implies that the firm is co-operating with Moody’s by providing financial information above and beyond its public disclosures. An unsolicited rating is based solely on public information, and therefore carries less weight in the eyes of ma