How does Fitch Rating work?

Fitch Ratings provides forward-looking credit opinions, as indicated by its ratings, that reflect its expectations of credit behavior over a range of scenarios. The rating process begins when an arranger, issuer, sponsor, or underwriter contacts a member of Fitch’s Business Relationship Management (BRM) group with a request to engage Fitch.

What is moody's vs S&P Fitch Ratings?

Moody’s Vs. S&P Fitch Ratings is a globally recognized credit rating agency that provides credit scores and ratings to borrowers worldwide, evaluating their creditworthiness. It is located in New York and London and is a part of the list of the world’s top three credit rating agencies.

What is Fitch's credit rating scale?

Fitch’s credit rating scale for issuers and issues is expressed using the categories ‘AAA’ to ‘BBB’ (investment grade) and ‘BB’ to ‘D’ (speculative grade) with an additional +/- for AA through CCC levels indicating relative differences of probability of default or recovery for issues.

What are Fitch's short-term ratings?

Fitch's short-term ratings indicate the potential level of default within a 12-month period. D : the obligor is in default as it has failed on its financial commitments. Launched in 2008, Fitch Solutions offers a range of fixed-income products and professional development services for financial professionals.