What does CCC+ mean?

Written by Editorial Team | Last Updated: August 2026

In financial credit rating systems, a CCC+ rating represents a specific sub-category within the speculative or junk bond tier assigned by major credit rating agencies like Standard & Poor's. A debt obligation or issuer rated CCC+ is judged to be highly speculative, currently vulnerable to non-payment, and heavily dependent upon favorable external macroeconomic conditions to service its financial debts. While slightly stronger than a flat CCC or CCC- rating, it still indicates substantial credit risk and elevated vulnerability to default.

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