Credit Ratings of Issuers of Green Debt Instruments

Purpose: The purpose of this article is to assess whether having a creditworthiness assessment from more than one credit rating agency by issuers green debt instruments affects the number issues and average amount issued. This objective was achieved through process analysis ratings assigned agencies. Methodology: Due complexity data, mixed research methods were used such as observation, analysis, inference. study data Refinitiv Eikon. for issuers, announced on issue date, have been analyzed. covered issued in all currencies years 2010-2020. empirical carried out using observation method, source documents, method deduction. Findings: In analyzed period only 44.22% had ratings. results conducted indicate that affected given issuer. Because largest highest held with three ratings, there need an additional assessment. Practical implications: conclusions can be obtaining financing capital markets projects. content concerns instruments. Originality/Value: theoretical literature does not provide guidance impact issuer's success issuing instruments, particular ones.