Kroll Bond Rating Agency Europe has officially been registered as a credit rating agency by the European Securities and Markets Authority (ESMA), effective 13 November.
KBRA Europe is located in Dublin and will provide the global capital markets with timely, accurate and transparent credit analysis.
The rating agency expanded its presence to the EU after “exponential” growth in the US over the last few years.
It also expects all “major geographies” in Europe to benefit from the new approach, including Ireland, where it hopes to become the pre-eminent agency, improving access to the capital market for all entities in the country.
Commenting on the new office, Jim Nadler, president and CEO, said: “KBRA is thrilled to open our first international office in a great city such as Dublin. We are so grateful for the city’s welcoming reception of our firm and we look forward to our growth within Dublin.”
