Translation/Meaning of "AA was downgraded by two notches by S" — Japanese-English & English-Japanese Economics & Financial Translation Dictionary

AA was downgraded by two notches by S [1 entry]

AA was downgraded by two notches by S&P to single A Ｇ経 S&PはAA社をシングルAに2ノッチ格下げしたＧ経経