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Roblox, a popular gaming platform, has received its first high-grade rating from S&P Global Ratings, elevating its credit rating from BB+ to BBB-. The rating upgrade is attributed to the growth of its user base, reserves, and operating free cash flow. S&P also stated that Roblox's prospects are positive, indicating potential further rating improvements in the medium term. Moody's still rates Roblox's debt as "junk," while Fitch has not assigned a rating to the company. The high-grade rating may lead to lower financing costs for Roblox.

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