... documentation,consult: Curmi, G. (20 01): International Trade Finance and Documentation,in Reuvid, J. (ed): A Handbook of World Trade, Kogan Page, London. 62 Debt Finance 2. 2Asset-based FinanceForward ... Poors InterpretationAaa AAA Highest qualityAa1, Aa2, Aa3 AA+, AA, AA- High qualityA1, A2, A3 A+, A, A- Strong payment capacityBaa1, Baa2, Baa3 BBB+, BBB, BBB- Adequate payment capacitySpeculative-Grade ... RatingsMoody’s Standard & Poors InterpretationBa1, Ba2, Ba3 BB+, BB, BB- Likely to fulfil obligations, on-going uncertaintyB1, B2, B3 B+, B, B- High-risk obligationsCaa CCC+, CCC, CCC-...