Bond ratings by independent rating agencies reflect the risk associated with holding a company's bonds. In general a strong bond rating reflects confidence in the financial strength of the company.
Ratings definitions may be found on each agency's web site:
Rating Agencies
Standard & Poor's |
TDS Rating |
BB |
USM Rating |
BB |
Moody's |
TDS Rating |
Ba2 |
USM Rating |
Ba1 |
Fitch |
TDS Rating |
BB+ |
USM Rating |
BB+ |