G&G Ratings Service
Jump to navigation
Jump to search
Publicly traded | |
Industry | Financial services |
Founded | 1912 |
Founder | Rauol Gentile and Ettore Grasso |
Headquarters | |
Key people | Giovanni Locuta |
Revenue | |
Number of employees | 10,000+ |
G&G Global Ratings (formally known as Gentile & Grasso Ratings Service Inc. and commonly called G&G) is a Salisfordian credit rating agency (CRA). It publishes financial research and analysis on stocks and bonds issued by commercial and government entities as well as commodities. G&G is the world's largest credit-rating agency.
G&G ranks the creditworthiness of borrowers using standardized rating scales which measure probability of investor loss in the event of default.
G&G was created from a partnership of Rauol Gentile and Ettore Grasso, two notable members of the Salisfordian financial community, in 1912.
Investment scale
G&G credit ratings | |||
---|---|---|---|
Investment grade | |||
Symbol | Rating | Translation | Description |
EC | Eccelente | Excellent | Obligor has an excellent capacity to meet its financial commitments. |
MB | Molto Bene | Very Good | Obligor has a very good capacity to meet its financial commitments, but are a bit higher risk than EC. |
BE | Bene | Good | Obligor has a good capacity to meet its financial commitments, but is somewhat more vulnerable to adverse conditions. |
IN | Intermedio | Intermediate | Obligor has a intermediate capacity to meet its financial commitments, but adverse conditions or circumstances are more likely to weaken its ability to meet financial commitments. |
Speculative grade | |||
Symbol | Rating | Translation | Description |
AG | Adeguato | Adequate | Obligor faces major ongoing uncertainties which can lead to an inadequate ability to meet financial conditions. |
MD | Mediocre | Mediocre | Obligor has the capacity to meet its financial commitments, but adverse conditions will likely impair its ability to do so. |
SC | Scadente | Poor | Obligor is vulnerable and depends on favorable economic conditions to meet their financial commitments. |
MS | Molto Scadente | Very Poor | Obligor is highly vulnerable and default is a very distinct possibility. |
RF | Rifiuto | Junk | Obligor is very near default. |
DF | Difetto | Default | Obligor has defaulted on their financial commitments. |
NV | Non Valutato | Not Rated | Obligor is not publicly rated. |
Rating outlooks | |||
Symbol | Outlook | Description | |
+ | Positive | Obligor's financial situation is improving. | |
Stable | Obligor's financial situation is stable. | ||
- | Negative | Obligor's financial situation is worsening. |