Rating Scale
Long-Term
ClassificationHigh Grade
- AAAT-1
- AA+
- AAA
- AA-
Risk LevelNegligible
ClassificationInvestment Grade
- A+
- A
- A-
- BBB+
- BBB
- BBB-
Risk LevelVery Low
Risk LevelVery Low
ClassificationNear Prime
- BB+
- BB
- BB-
Risk LevelLow to Moderate
ClassificationSum Prime
- B+
- B
- B-
Risk LevelHigh
ClassificationCredit Watch
- ccc+
- ccc
- ccc-
Risk LevelVery High
ClassificationDistressed
- cc
- c
- d
Risk LevelExtremely highDefault