CareEdge | Global IFSC

Rating symbols	Definition
CareEdge AAA	Denotes highest degree of safety regarding servicing of debt obligations with lowest credit risk.	Investment Grade
CareEdge AA	Denotes a high degree of safety regarding servicing of debt obligations carrying very low credit risk.
CareEdge A	Denotes adequate degree of safety regarding servicing of debt obligations with low credit risk
CareEdge BBB	Denotes a moderate degree of safety regarding servicing of debt obligations with moderate credit risk.
CareEdge BB	Denotes inadequate degree of safety regarding servicing of debt obligations with high credit risk.	Speculative Grade
CareEdge B	Denotes high vulnerability to default regarding servicing of debt obligations with very high credit risk.
CareEdge CCC	Denotes very high vulnerability to default regarding servicing of debt obligations with substantial credit risk.
CareEdge CC	Denotes imminent likelihood of default.
CareEdge C	Denotes imminent likelihood of default and/or restructuring with potential loss of principal.
CareEdge SD	Denotes default on one or more instruments while obligations on other instruments are being honoured.
CareEdge D	Denotes default on debt obligations.

Modifiers {"+" (plus) / "-"(minus)} can be used with the rating symbols for the categories CareEdge AA to CareEdge CCC. The modifiers reflect the comparative standing within the category.