Spread Research SAS is a French credit rating agency and independent credit research company. [1]
The company was founded in 2004 and in 2013 became the first French credit rating agency to be authorised. [2] [3] [4] [5] The company is based in Lyon, France, [4] [5] and has a presence in London [4] and Paris. [2] Spread Research has been certified as credit rating agency by the European Securities and Markets Authority (ESMA) since mid-2013, [2] [5] allowing the company to operate in Europe. [3]
As of 2013, the company had 15 employees. [2] In France, until 2013, only the branches of Standard and Poor's, Moody's and Fitch Ratings were certified by the ESMA. [3] [5] Spread Research operates under an investor-pays model, rather than being paid by rated companies. [3] [4] [5]
Spread Research has been awarded "Top 5 Best Credit Research" by Credit Magazine in 2010. [6] [ verification needed ]