### GSE System – Rating Table

 AAA 90 – 100% BBB 60 – 69% AA 80 – 89% BB 50 – 59% A 70 – 79% B 40 – 49% CCC 30 – 39% P Pending CC 20 – 29% C 00 – 19%

This rating is certificate based (1st line and optional 2nd line exemptions). This rating is a snapshot made on the verification date.

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