| |
|
This table compares the clong term credit ratings
of the 4 leading rating agencies:
|
| Moody's
|
S&P
|
Fitch
|
DCR |
| Aaa |
AAA |
AAA |
AAA |
| |
|
|
|
| Aa1 |
AA+ |
AA+ |
AA+ |
| Aa2 |
AA |
AA |
AA |
| Aa3 |
AA- |
AA- |
AA- |
| |
|
|
|
| A1 |
A+ |
A+ |
A+ |
| A2 |
A |
A |
A |
| A3 |
A- |
A- |
A- |
| |
|
|
|
| Baa1 |
BBB+ |
BBB+ |
BBB+ |
| Baa2 |
BBB |
BBB |
BBB |
| Baa3 |
BBB- |
BBB- |
BBB- |
| |
|
|
|
| Ba1 |
BB+ |
BB+ |
BB+ |
| Ba2 |
BB |
BB |
BB |
| Ba3 |
BB- |
BB- |
BB- |
| |
|
|
|
| B1 |
B+ |
B+ |
B+ |
| B2 |
B |
B |
B |
| B3 |
B- |
B- |
B- |
| |
|
|
|
| Caa |
CCC+ |
CCC |
CCC |
| |
CCC |
|
|
| |
CCC- |
|
|
| |
|
|
|
| Ca |
|
|
|
| |
|
|
|
| C |
|
|
|
| |
|
|
|
| |
|
DDD |
|
| |
|
DD |
DD |
| |
D |
D |
|
| |
|
|
DP |
|
|
| Definitions |
| Prime. Maximum Safety |
| |
| High Grade. High Quality |
| |
| |
| |
| Upper Medium Grade |
| |
| |
| |
| Lower Medium Grade |
| |
| |
| |
| Non Investment Grade |
| Speculative |
| |
| |
| Highly Speculative |
| |
| |
| |
| Substantial Risk |
| In Poor Standing |
| |
| |
| Extremely Speculative |
| |
| May be in Default |
| |
| Default |
| |
| |
| |
|
|
Table
of comparation 
Important legal information - please read the