Investment Grade

Example Definitions of "Investment Grade"
Investment Grade. Means a corporate rating of: (i) Baa3 or better by Moody's, (ii) BBB- or better by Standard & Poor's or (iii) BBB- or better by Fitch.
Investment Grade. A bond rating of BBB minus, or its equivalent, by one of the nationally recognized rating agencies
Investment Grade. Means a rating of Baa3 or better by Moody's (or its equivalent under any successor rating categories of Moody's) and a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P).
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