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Corporate Family Ratings

Moody’s Corporate Family Ratings are generally employed for speculative grade corporate issuers. A Corporate Family Rating is an opinion of a corporate family’s ability to honor all of its financial obligations and is assigned to a corporate family as if it had:

·        a single class of debt; 

·        a single consolidated legal entity structure.

A Corporate Family Rating does not reference an obligation or class of debt and thus does not reflect priority of claim. It applies to all affiliates under the management control of the entity to which it is assigned. Moody’s employs the general long-term rating scale for Corporate Family Ratings.

 

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