Ratings Details

rating category

S&P

Moody's

Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing

Long-Term Ratings Scale

Highest Quality

High Quality

Upper-Medium Quality

Medium-Grade Quality

Substantial Risk

High Risk

Very High Risk

Highly Speculative

Default

(P)Aaa

Aaa

Aa1, (P)Aa1, (P)Aa2, Aa2, Aa3, (P)Aa3

Baa1, (P)Baa1, (P)Baa2, Baa2, Baa3, (P)Baa3

(P)Ba1, Ba1, Ba2, (P)Ba2, (P)Ba3, Ba3

B1, (P)B1, (P)B2, B2, B3, (P)B3

(P)Caa1, Caa1, Caa2, (P)Caa2, (P)Caa3, Caa3

(P)Ca, Ca

C, (P)C

Extremely Strong

Very Strong

Strong

Adequate

Less Vulnerable

More Vulnerable

Currently Vulnerable

Highly Vulnerable

Selective Default

Default

Regulatory Supervision

AAA, AAApi, AAAt

AA+, AA+pi, AA+t, AApi, AAt, AA, AA-

A+, A+pi, A+t, Api, At, A, A-, A-pi, A-t

BBB+, BBB+pi, BBB+t, BBB, BBBpi, BBBt, BBB-, BBB-pi, BBB-t

BB+, BB+pi, BB+t, BB, BBpi, BBt, BB-, BB-pi, BB-t

B+, B+pi, B+t, B, Bpi, Bt, B-, B-pi, B-t

CCC+, CCC+pi, CCC+t, CCCpi, CCCt, CCC, CCC-, CCC-pi, CCC-t

CCpi, CCt, CC, C+, C+pi, C+t, C, Cpi, Ct

SD, SDpi, SDt

D+, D+pi, D+t, Dpi, Dt, D

R, Rpi, Rt