Moody’s Investors Service launched a private loan ratings service for issuers in the Europe, Middle East and Africa (EMEA) markets, the rating agency said today.

The Moody’s Unpublished Monitored Loan Rating (UMLR) service became effective today, Moody’s said. It will offer analysis identical to its regularly published ratings of loans and issuers. It will also increase its analysis of the public ratings of CLOs that hold relevant loans.

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