Credit Rating Table

A credit rating evaluates the credit worthiness of an issuer of specific types of debt, specifically, debt issued by a business enterprise such as a corporation or a government. It is an evaluation made by a credit rating agency of the debt issuers likelihood of default. Credit ratings are determined by credit ratings agencies^[1]Wikipedia – “Credit rating”, retrieved 2013-09-24.^[2]External source, retrieved 2020-05-11..

Rating Category	Description	Value (pts.)	Wikirating	S&P Global	Scope	Moody's	Fitch	DBRS
Rating Category	Description	Value (pts.)	long-term	long-term	long-term	long-term	long-term	long-term
Prime	An obligor has EXTREMELY STRONG capacity to meet its financial commitments.	95 to 100	AAA	AAA	AAA	Aaa	AAA	AAA
High grade	An obligor has VERY STRONG capacity to meet its financial commitments. It differs from the highest rated obligors only in small degree.	90 to less than 95	AA+	AA+	AA+	Aa1	AA+	AA (h)
		85 to less than 90	AA	AA	AA	Aa2	AA	AA
		80 to less than 85	AA-	AA-	AA-	Aa3	AA-	AA (l)
Upper Medium grade	An obligor has STRONG capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligors in higher-rated categories.	75 to less than 80	A+	A+	A+	A1	A+	A (h)
		70 to less than 75	A	A	A	A2	A	A
		65 to less than 70	A-	A-	A-	A3	A-	A (l)
Lower Medium grade	An obligor has ADEQUATE capacity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitments.	60 to less than 65	BBB+	BBB+	BBB+	Baa1	BBB+	BBB (h)
		55 to less than 60	BBB	BBB	BBB	Baa2	BBB	BBB
		50 to less than 55	BBB-	BBB-	BBB-	Baa3	BBB-	BBB (l)
Non Investmentgrade	An obligor is LESS VULNERABLE in the near term than other lower-rated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitments.	45 to less than 50	BB+	BB+	BB+	Ba1	BB+	BB (h)
		40 to less than 45	BB	BB	BB	Ba2	BB	BB
		35 to less than 40	BB-	BB-	BB-	Ba3	BB-	BB (l)
Highly Speculative	An obligor is MORE VULNERABLE than the obligors rated 'BB', but the obligor currently has the capacity to meet its financial commitments. Adverse business, financial, or economic conditions will likely impair the obligor's capacity or willingness to meet its financial commitments.	30 to less than 35	B+	B+	B+	B1	B+	B (h)
		25 to less than 30	B	B	B	B2	B	B
		20 to less than 25	B-	B-	B-	B3	B-	B (l)
Extremely speculative	An obligor is CURRENTLY VULNERABLE, and is dependent upon favourable business, financial, and economic conditions to meet its financial commitments.	15 to less than 20	CCC	CCC+	CCC	Caa1	CCC+	CCC
	An obligor is CURRENTLY HIGHLY-VULNERABLE.	10 to less than 15	CC	CCC	CC	Caa2	CCC	CC
	An obligor is CURRENTLY HIGHLY-VULNERABLE.	10 to less than 15	CC	CCC-	CC	Caa3	CCC-	CC
	The obligor is CURRENTLY HIGHLY-VULNERABLE to nonpayment. May be used where a bankruptcy petition has been filed.	5 to less than 10	C	CC	C	Ca	CC	C
		5 to less than 10	C	C	C	Ca	C	C
In default	An obligor has failed to pay one or more of its financial obligations (rated or unrated) when it became due.	0 to less than 5	D	SD/D	SD/D	C	RD/D	SD/D
Not rated	No rating has been requested, or there is insufficient information on which to base a rating.	Not applicable	n.r.	n.r.	n.r.	n.r.	n.r.	n.r.
Rating withdrawn	The credit rating was withdrawn.	Not applicable	r.w.	r.w.	r.w.	r.w.	r.w.	r.w.

References
↑1	Wikipedia – “Credit rating”, retrieved 2013-09-24.
↑2	External source, retrieved 2020-05-11.

See also