Short-term Credit Ratings
Fitch's short-term ratings indicate the potential level of default within a 12-month period.
- F1+ : best quality grade, indicating exceptionally strong capacity of obligor to meet its financial commitment
- F1 : best quality grade, indicating strong capacity of obligor to meet its financial commitment
- F2 : good quality grade with satisfactory capacity of obligor to meet its financial commitment
- F3 : fair quality grade with adequate capacity of obligor to meet its financial commitment but near term adverse conditions could impact the obligor's commitments
- B : of speculative nature and obligor has minimal capacity to meet its commitment and vulnerability to short term adverse changes in financial and economic conditions
- C : possibility of default is high and the financial commitment of the obligor are dependent upon sustained, favorable business and economic conditions
- D : the obligor is in default as it has failed on its financial commitments.
Read more about this topic: Fitch Group
Famous quotes containing the words short-term and/or credit:
“I still believe that if your aim is to change the world, journalism is a more immediate short-term weapon.”
—Tom Stoppard (b. 1937)
“It is probable that the principal credit of miracles, visions, enchantments, and such extraordinary occurrences comes from the power of imagination, acting principally upon the minds of the common people, which are softer.”
—Michel de Montaigne (1533–1592)