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# The matrix does not apply to the lowest rungs of credit spectrum i.e. ‘CCC’ category and below Note: The above grid is only an indicative framework to guide an Analyst in determining the rating. Risk Profile Minimal Moderate Intermediate Aggressive Highly Leveraged Excellent AAA AA A BBB BB Strong AA A A- BBB- BB- Satisfactory A BBB+ BBB BB+ B+ Weak BBB BBB- BB+ BB- B Vulnerable BB B+ B+ B B-
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  • 12. # The matrix does not apply to the lowest rungs of credit spectrum i.e. ‘CCC’ category and below Note: The above grid is only an indicative framework to guide an Analyst in determining the rating. Risk Profile Minimal Moderate Intermediate Aggressive Highly Leveraged Excellent AAA AA A BBB BB Strong AA A A- BBB- BB- Satisfactory A BBB+ BBB BB+ B+ Weak BBB BBB- BB+ BB- B Vulnerable BB B+ B+ B B-
  • 13. Rating Directs G:Drive – E-learning Wikipedia Investopedia
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