2007-12-16 08:03:37 · 5 answers · asked by steplift20 5 in Business & Finance ➔ Investing
so bb+ is better than bbb- for a company?
2007-12-16 23:44:30 · update #1
I do not know of any stocks that have such ratings. Those type of rating are normally assigned to bonds. bbb- is just a slight step below investment grade or perhaps the very minimum investment grade depending on whether one is an optimist or a pessimist. BB+ is high grade junk.
2007-12-16 09:12:14 · answer #1 · answered by Anonymous · 3⤊ 1⤋
The rating has increased and it is of higher investment quality than if it were purely BBB-
2007-12-16 16:06:53 · answer #2 · answered by Latin Techie 7 · 0⤊ 1⤋
It would mean their credit rating has been upgraded, so the interest they have to pay on loans is reduced, because theoretically, a higher credit rating means the company is less risky to invest in, thus risk premiums are reduced.
2007-12-16 18:14:29 · answer #3 · answered by trancevanbuuren 3 · 0⤊ 1⤋
The people who responded that these are bond ratings are correct. Stocks are not rated in this manner.
2007-12-16 22:55:39 · answer #4 · answered by The Shadow 6 · 0⤊ 0⤋
I believe you're thinking of bond ratings, not stocks. Its an assessment of creditworthiness.
2007-12-16 17:14:16 · answer #5 · answered by npk 7 · 1⤊ 1⤋