Shaw-Sterling®
Financial Services and Ratings
With offices in 26 countries and a history that dates back two centuries, Shaw-Sterling is known to investors worldwide as a leader of financial-market intelligence and an organization that strives to provide investors who want to make better informed investment decisions with market guidance in the form of credit ratings, indices, investment research and risk evaluations and solutions.
Shaw-Sterling is most widely known as a provider of independent credit ratings for sovereign debt and the largest business entities in Europe with tens of trillions of pounds in outstanding debt being tracked and rated.
We are also well recognized for our large-cap Breotish stock index: the S&S 250. This staple measure of Breotish economic power has been maintained since 1936. Today the index constitutes £1.7 trillion in investment assets.
Information Center
Shaw-Sterling
32 Royale Square
Lunden, Breotonia
Sovereigns Ratings List
ANGLYN - AA-
ARENDAAL - AAA
AQUITANIA - AA-
BANTYR - SD
BATAVIE - CC
BREOTONIA - AAA
CANTIGNIA - AA
CARENTANIA - BB
CŒURLOIS - BBB
CORONADO - BB-
DANMARK - A
DANZIG - AAA
EIFFELLAND - A-
ENGELLEX - BBB
FRANKEN - AA
GUIANA - AA-
HAJR - AA+
HOLY SEE - AAA
JURZAN - A
KEIDA - AA
KRYOBAIJAN - BBB
KYIV - BBB
LAFAYETTE - CC
LORRAINE - BBB
MONTELIMAR - BBB
NICOSIA - A
SOLAREN - D
SØRLANDETEN - AA
SUIONIA - C
TOUZEN - AA+
VANGALA - BB
VISTRASIA - AA
WARRE - CCC
WIESE - CCC
WING-SING - AAA
WENDMARK - AAA
YUJIN - AA
Credit Ratings Explanation
Investment Grade
AAA: Extremely strong capacity to meet its financial commitments.
AA: Very strong capacity to meet its financial commitments.
Non-Investment Grade (also known as junk bonds)
BB: Less vulnerable 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.
B: An obligor rated 'B' is more vulnerable than the obligors rated 'BB', but the obligor currently has the capacity to meet its financial commitments. Adverse business, financial, or economic conditions will likely impair the obligor's capacity or willingness to meet its financial commitments.
CCC: An obligor rated 'CCC' is currently vulnerable, and is dependent upon favorable business, financial, and economic conditions to meet its financial commitments.
CC: An obligor rated 'CC' is currently highly vulnerable.
C: Highly vulnerable, perhaps in bankruptcy but still continuing to pay out on obligations.
CI: Past due on interest.
R: An obligor rated 'R' is under regulatory supervision owing to its financial condition. During the pendency of the regulatory supervision, the regulators may have the power to favor one class of obligations over others or pay some obligations and not others.
SD: Has selectively defaulted on some obligations.
D: Has defaulted on obligations and S&S believes that it will generally default on most or all obligations.
NR: Not Rated
Financial Services and Ratings
With offices in 26 countries and a history that dates back two centuries, Shaw-Sterling is known to investors worldwide as a leader of financial-market intelligence and an organization that strives to provide investors who want to make better informed investment decisions with market guidance in the form of credit ratings, indices, investment research and risk evaluations and solutions.
Shaw-Sterling is most widely known as a provider of independent credit ratings for sovereign debt and the largest business entities in Europe with tens of trillions of pounds in outstanding debt being tracked and rated.
We are also well recognized for our large-cap Breotish stock index: the S&S 250. This staple measure of Breotish economic power has been maintained since 1936. Today the index constitutes £1.7 trillion in investment assets.
Information Center
Shaw-Sterling
32 Royale Square
Lunden, Breotonia
Sovereigns Ratings List
ANGLYN - AA-
ARENDAAL - AAA
AQUITANIA - AA-
BANTYR - SD
BATAVIE - CC
BREOTONIA - AAA
CANTIGNIA - AA
CARENTANIA - BB
CŒURLOIS - BBB
CORONADO - BB-
DANMARK - A
DANZIG - AAA
EIFFELLAND - A-
ENGELLEX - BBB
FRANKEN - AA
GUIANA - AA-
HAJR - AA+
HOLY SEE - AAA
JURZAN - A
KEIDA - AA
KRYOBAIJAN - BBB
KYIV - BBB
LAFAYETTE - CC
LORRAINE - BBB
MONTELIMAR - BBB
NICOSIA - A
SOLAREN - D
SØRLANDETEN - AA
SUIONIA - C
TOUZEN - AA+
VANGALA - BB
VISTRASIA - AA
WARRE - CCC
WIESE - CCC
WING-SING - AAA
WENDMARK - AAA
YUJIN - AA
Credit Ratings Explanation
Investment Grade
AAA: Extremely strong capacity to meet its financial commitments.
AA: Very strong capacity to meet its financial commitments.
AA+: high quality, with very low credit risk, but susceptibility to long-term risks appears somewhat greater
AA
AA-
A: Strong capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions.AA
AA-
A+
A
BBB: Adequate capacity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitments.A
Non-Investment Grade (also known as junk bonds)
BB: Less vulnerable 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.
B: An obligor rated 'B' is more vulnerable than the obligors rated 'BB', but the obligor currently has the capacity to meet its financial commitments. Adverse business, financial, or economic conditions will likely impair the obligor's capacity or willingness to meet its financial commitments.
CCC: An obligor rated 'CCC' is currently vulnerable, and is dependent upon favorable business, financial, and economic conditions to meet its financial commitments.
CC: An obligor rated 'CC' is currently highly vulnerable.
C: Highly vulnerable, perhaps in bankruptcy but still continuing to pay out on obligations.
CI: Past due on interest.
R: An obligor rated 'R' is under regulatory supervision owing to its financial condition. During the pendency of the regulatory supervision, the regulators may have the power to favor one class of obligations over others or pay some obligations and not others.
SD: Has selectively defaulted on some obligations.
D: Has defaulted on obligations and S&S believes that it will generally default on most or all obligations.
NR: Not Rated