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Corporate Credit Rating Scales Corporate Credit Rating Scales
 
Corporate Credit Rating Scale:
 
CCR AAA
("CCR Triple A")
A 'CCR AAA' rating indicates highest degree of strength with regard to honoring debt obligations.
CCR AA
("CCR Double A")
A 'CCR AA' rating indicates high degree of strength with regard to honoring debt obligations.
CCR A
A 'CCR A' rating indicates adequate degree of strength with regard to honoring debt obligations.
CCR BBB
A 'CCR BBB' rating indicates moderate degree of strength with regard to honoring debt obligations.
CCR BB
A 'CCR BB' rating indicates inadequate degree of strength with regard to honouring debt obligations.
CCR B
A 'CCR B' rating indicates high risk and greater susceptibility with regard to honouring debt obligations
CCR C
A 'CCR C' rating indicates substantial risk with regard to honouring debt obligations.
CCR D
A 'CCR D' rating indicates that the entity is in default of some or all of its debt obligations.
CCR SD
A 'CCR SD' rating indicates that the entity has selectively defaulted on a specific issue or class of debt obligations but will continue to meet its payment obligations on other issues or classes of debt obligations.
Note:
CRISIL may apply "+" (plus) or "-" (minus) modifiers for ratings from 'CCR AA' to 'CCR C' to reflect comparative standing within the category.
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