| International Monetary Fund - Business & Economics - 1999 - 226 pages
...in the near term than other lower-rated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitments. В An obligor rated В is more... | |
| Richard C. Wilson, Frank J. Fabozzi - Business & Economics - 1995 - 414 pages
...both good and bad times over the future. Uncertainty of position characterizes bonds in this class. BB Debt rated BB has less near-term vulnerability...capacity to meet timely interest and principal payments. The BB rating category is also used for debt subordinated to senior debt that is assigned an actual... | |
| Peter J. Klein - Business & Economics - 1998 - 308 pages
...characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions. BB Debt rated "BB" has less near-term vulnerability...capacity to meet timely interest and principal payments. The "BB" rating category is also used for debt subordinated to senior debt that is assigned an actual... | |
| Martin S. Fridson, Fernando Alvarez - Business & Economics - 2002 - 414 pages
...major exposures to adverse conditions. BB An obligation rated "BB" is less vulnerable to nonpayment than other speculative issues. However, it faces major...financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitment on the obligation. B An obligation... | |
| Bernd Schmid - Business & Economics - 2004 - 410 pages
...in the near term than other lowerrated obligors. However, it faces major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitments. An obligor rated 'B' is more vulnerable... | |
| Michel Crouhy, Dan Galai, Robert Mark - Business & Economics - 2005 - 432 pages
...financial commitment on the obligation. BB An obligation rated BB is less vulnerable to nonpayment than other speculative issues. However, it faces major...financial, or economic conditions which could lead to the obligor's inadequate capacity to meet its financial commitment on the obligation. B An obligation... | |
| |