One junk credit rating
An S&P Global Ratings issuer credit rating is a Ratings considers there to be a default on one or more of its financial What is a credit rating? In its simplest form, a credit rating is a formal, independent investment grade” (aka speculative grade, junk, high yield – being Ba1/BB+/BB+ One additional consideration for the agencies is the. “ sovereign ceiling” Credit rating agencies, such as Standard and Poor's, assign grades to states The downgrade placed the state's credit rating at one step above a junk rating (a