• On 21 May 2013, Moody’s announced rating actions on MBIA Insurance Corp., National Public Finance Guarantee Corp., MBIA Inc. and other related entities. Because of the large number of credits across several asset classes affected by these rating actions, including Moody's-rated securities that are guaranteed or "wrapped" by these companies, ratings appearing on this website may not yet reflect current information. For current information on affected credits, please visit www.moodys.com/fig.
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Hybrid Capital
Through the use of Moody’s Hybrid Tool Kit, the Hybrid Capital Group (HCG) assesses the relative debt and equity characteristics of hybrids and helps position hybrid ratings to ensure global consistency. The HCG is also responsible for updating and maintaining the hybrid data base, which is the primary repository for detailed information on outstanding hybrids.

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