DLTR TGT Moody's Rating and Date Baa2 07 July 2023 A2 29, March 2023 Standard and Poor's Global Rating and last Reviewed Date BBB 19 January 2023 A 16, March 2023 b. Explain what the ratings mean based on each agencies credit rating. Based on the ratings which company would you invest in the company's long term debt issuance? Why?

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Chapter9: Projecting Financial Statements
Section: Chapter Questions
Problem 3bM
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DLTR
TGT
Moody's
Rating and
Date
Baa2
07 July 2023
A2
29, March
2023
Standard and Poor's Global
Rating and last Reviewed
Date
BBB
19 January 2023
A
16, March 2023
b. Explain what the ratings mean based on each agencies credit rating. Based on the
ratings which company would you invest in the company's long term debt issuance?
Why?
Transcribed Image Text:DLTR TGT Moody's Rating and Date Baa2 07 July 2023 A2 29, March 2023 Standard and Poor's Global Rating and last Reviewed Date BBB 19 January 2023 A 16, March 2023 b. Explain what the ratings mean based on each agencies credit rating. Based on the ratings which company would you invest in the company's long term debt issuance? Why?
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