Credit Rating Tracker

Credit ratings, outlooks, and rating actions for SGX-listed companies from major rating agencies. Ratings indicate an agency's assessment of a company's creditworthiness and may influence borrowing costs and investor perception.

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About Credit Ratings

Credit ratings are independent assessments of a company's ability to meet its financial obligations. They are issued by recognised rating agencies and can influence borrowing costs, investor confidence, and regulatory standing.

Investment Grade

  • AAA-AA Highest quality, very low credit risk
  • A Upper medium grade, low credit risk
  • BBB Medium grade, moderate credit risk

Speculative Grade

  • BB-B Speculative, substantial credit risk
  • CCC-D High risk or in default

Rating scales vary by agency. S&P and Fitch use AAA to D. Moody's uses Aaa to C. Regional agencies (RAM, TRIS) may use similar scales with country-specific context. Ratings reflect an agency's opinion and are not guarantees of creditworthiness.

Analysis presented is based on available data and disclosed methodology. Observations may not account for all relevant factors. This content is provided for educational and informational purposes only.

Sources: S&P Global Ratings, Moody's, Fitch Ratings, RAM Ratings, TRIS Rating. Full data sources.