Bond ratings by independent rating agencies reflect the risk associated with holding a company's bonds. In general a strong bond rating reflects confidence in the financial strength of the company.
Ratings definitions may be found on each agency's web site:
Standard & Poor's: http://www.standardandpoors.com/ratings/
Moody's: http://www.moodys.com
Fitch: http://www.fitchratings.com
| Rating Agencies |
|
Standard & Poor's
USM Rating |
BB |
Moody's
USM Rating |
Ba1
|
Fitch
USM Rating |
BB+
|