Currently highly vulnerable to non-payment
Quantitative Finance
Level
2
What is the S&P Credit rating that indicates "Currently highly vulnerable to non-payment"?
SD
CCC
D
NP
C
R
AAA
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1 solution
As per Standard and Poors ,
C : An obligation rated 'C' is currently highly vulnerable to nonpayment ,and the obligation is expected to have lower relative seniority or lower ultimate recovery compared to obligations that are rated higher.