The purpose of this paper is to study the impact of bond market access and credit quality on leverage. Therefore, firms were classified by bond market accessibility (with and without access) and the quality of credit ratings they possessed (HQ or M-LQ). A sample size of 63 firms without access was chosen based on random sampling out of the Bursa Malaysia listed firms. The findings of the research show that the firms with access' leverage is higher than those without access as they are able to borrow more than those firms without access whose source of debt finance is probably restricted to private debt such as banks. Other than that, the researcher also found that the M-LQ firms have significantly higher leverage than the HQ firms. In this research, it was also learned that the firms with access to bond market differ in terms of firm characteristics as compared to the firms without access to bond market. In addition to that, the data analysis done in this research is much simpler if compared to any other existing bond market access and leverage literatures. Therefore, research in future can focus more on making a deeper analysis so better findings can be drawn.