What is the difference between BBB and BB+?
Excuse me, could you clarify the distinction between the credit ratings BBB and BB+ for me? I'm interested in understanding the nuances between these two ratings and how they impact the perception of a company's financial stability in the market. Specifically, I'd like to know how these ratings are assigned, what they signify for investors, and whether there are any notable consequences associated with being downgraded or upgraded between these two levels. Thank you for your insight.