Sears Holdings Credit Rating History

*12/28/2005 Rating was Ba1

*03/23/2009 Rating was downgraded to Ba2

*07/18/2011 Rating was downgraded to Ba3

*12/05/2011 Rating was downgraded to B1

*01/04/2012 Rating was downgraded to B3

*01/10/2014 Rating was downgraded to Caa1

*01/20/2017 Rating was downgraded to Caa2

*11/17/2017 Rating was downgraded to Caa3

What is interesting is that Sears Holdings Corporation has pretty much been in junk-bond status since almost the very beginning of the merged companies existence!!

Source: https://m.moodys.com/credit-ratings/Sears-Holdings-Corp-credit-rating-808108658

Comment! It's anonymous!

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@urf - Bored ... or intellectually astute?

@uyv - How lazy do you have to be not to look it up? How unintelligent do you have to be not to understand the significance of the information provided? How bored do you have to be to dismiss the seriousness of the situation?

Bored ... or hateful ?

Jesus. How bored do you have to be to go look this stuff up?...

A bond is considered investment grade or IG if its credit rating is BBB- or higher by Standard & Poor's or Baa3 or higher by Moody's. Generally they are bonds that are judged by the rating agency as likely enough to meet payment obligations that banks are allowed to invest in them.

Interesting. Thanks “Chris” actually him posting the bond ratings from Moody’s. Helps us understand things better.

Thread regarding Sears layoffs

Sears Holdings Credit Rating History

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