Investment Grade Issuer definition

Investment Grade Issuer means a bank, financial institution or credit insurer, as the case may be, that is acceptable to the Administrative Agent in its discretion, is rated Investment Grade and is not an Affiliate of the Borrower.
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Investment Grade Issuer means any issuer with a long term credit rating of BBB- or above if granted by S&P or Fitch, or Baa- or above if granted by Moody’s, as determined by the Calculation Agent.
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Investment Grade Issuer means a bank, financial institution or credit insurer, as the case may be, that is acceptable to the Administrative Agent in its discretion and is rated Investment Grade and which is not an Affiliate of the Borrower.
Sample 1

Examples of Investment Grade Issuer in a sentence

  • If Ofgem is to maintain this licence condition within RIIO-ED2 it should be more specific on a target rating and range of ratios for its analysis to ensure the finance package for ED2 is sufficient to provide headroom above the Investment Grade Issuer Credit Rating to enable licensees to meet their licence obligations.

Related to Investment Grade Issuer

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Investment Grade Securities means:

  • Investment Grade Rating means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency.

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Moody s” means Moody’s Investors Service, Inc.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.