issuer rating, senior unsecured
The issuer rating is supposedly applicable to senior unsecured debt. I have been able to verify such information on Moody’s website for example. Why are some senior unsecured bonds rated with an issue rating then, while here are cases where there is only an issuer rating and no issue rating.. why bother?
I have also seen mention of “senior unsecured rating” as if its different from issuer rating.
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