True. The linked article's title says that. I wonder if that was a typo by the OP or one of those HN quirks where the title was automatically changed when it shouldn't have been.
replyI think there's an errant space in between the BBB and the - but yes, the title is wrong with that space
replyI bet the author submitted "to BBB-, one above junk" and an ignorant editor turned the minus into an em dash
replyI would say that the more a company still has plenty of old-fashioned intangible positive corporate goodwill, the bigger the notch.
replyWouldn't want to be negative at a time like this.