BBB (high) definition

BBB (high) means debt obligations of adequate credit quality.
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BBB (high) means adequate credit quality. The capacity for the payment of financial obligations is considered acceptable. May be vulnerable to future events. The subcategory “(high)” indicates that the credit rating is at the top of the category.
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Examples of BBB (high) in a sentence

  • The Co-Issuers shall not appoint any Paying Agent that (x) is not, at the time of such appointment, a depository institution or trust company subject to supervision and examination by federal and/or state and/or national banking authorities and (y) for so long as DBRS is rating any Class of Notes then Outstanding, does not have a DBRS Rating of at least "BBB (high)" (or such lower rating for which a DBRS Rating Condition has been satisfied).

  • Any successor custodian shall be a state or national bank or trust company that (x) has capital and surplus of at least U.S.$200,000,000, (y) for so long as DBRS is rating any Class of Notes then Outstanding, has a DBRS Rating of at least "BBB (high)" and (z) is a Securities Intermediary.

  • DOMINION BOND RATING MOODY'S STANDARD & POOR'S SERVICE Senior Unsecured/Long-term Rating Baa2 BBB BBB (high) Trend/Outlook Positive Stable Stable Credit ratings are intended to provide investors with an independent measure of the credit quality of an issue of securities and are indicators of the likelihood of payment and of the capacity and willingness of a company to meet its financial commitment on an obligation in accordance with the terms of the obligation.

  • Each rating should be evaluated independently of any other rating: Short-Term Long-Term Subordinated Preferred Debt Debt Debt Stock Dominion R-1 (middle) A (high) A BBB (high) Bond Rating Service Limited Fitch, Inc.