Independent credit research

Through its Spread Research brand, Qivalio is the leading independent credit research provider in Europe. The company was founded in 2004 in Lyon, France.
Our team of experienced analysts provide fundamental research services and investment recommendations in high-yield, cross-over and convertible bond markets for many clients including specialised institutional credit funds, hedge funds, trading desks, private banks, and family offices. Our research covers about 230 issuers of debt in Euro or GBP.
Spread Research's services also include ESG analysis of the credit research portfolio, based on a methodology developed internally and which aims to better integrate the consideration of ESG factors into the assessment of credit risk.