Credit Research

Independent Credit Research delivering timely insights, fundamental analysis and investment recommendations

Independent research to navigate high-yield markets with confidence

EthiFinance’s subsidiary Spread Research operates an independent team of credit analysts providing fundamental analysis and investment recommendations on euro high-yield bonds.

Spread Research delivers its services to a large variety of clients including specialised institutional credit funds, hedge funds, trading desks, private banks, and family offices across our European footprint. Its coverage includes around 200 issuers of debt on the euro high-yield market.

Spread Research offering

It provides actionable insights and real-time analysis to support investment strategies across high-yield markets.

Independent credit opinions & recommendations

Unbiased analysis and investment recommendations on European high-yield issuers, supporting bond selection and relative value decisions.

Fundamental issuer analysis

In-depth review of business models, financials, capital structure and refinancing capacity to assess credit quality and downside risk.

How it works

Timely "Live" research responsiveness

Spread Research provides its clients with direct access to analysts through conferences, one-to-one meetings or direct conversations. The team reacts to corporate news flows by publishing timely reports on the customers’ platform, whenever something relevant occurs, e.g. earnings results, M&A, debt issuance or litigation.

Continuous market monitoring

Continuous market coverage with a steady flow of research publications (key figures, daily morning letters, quarterly results analysis, newsflow comments, Spread Research HY priority list, etc.) to track market trends, issuer developments and investment opportunities.

Why EthiFinance

Independent by design

As an independent research provider, Spread Research delivers objective, conflict-free insights you can trust.

Direct access to expertise

Engage directly with Spread Research analysts for responsive support, tailored perspectives and deeper market understanding.

ESG pioneers

Among the first research providers to integrate ESG factors into investment analysis, helping clients capture risks and opportunities more effectively.

Seamless experience

Consistent methodologies, easy access to data and dedicated experts supporting you from analysis to implementation.

Titre du 5e item

Texte du 5e item, a remplacer.

Why it matters

Credit risk monitoring and default avoidance

Spread Research helps investors assess the creditworthiness of high-yield issuers and monitor changes in their risk profile over time.  

By identifying early warning signals, credit deterioration and refinancing risks, investors can make more informed portfolio decisions, anticipate potential defaults and protect portfolio performance.

Clients are leveraging our capabilities to outsource, to challenge their Credit Research, or to get fast updating of their opinions.

Meet our experts!

Reliable ESG and Credit Data for informed decisions

Access expert, independent, and actionable insights tailored to your business needs.

ESG & Credit​: where sustainability meets financial performance.
Human inside: dedicated experts committed to supporting you.
Made in Europe: ensuring sovereignty and local specificities understanding.