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Baa3

Moody’s Cuts Panasonic’s Credit Rating for the Third Time This Year – Now Near Junk

November 20, 2012 by Ted Leave a Comment

Photo of Panasonic signPanasonic Corp., once one of the most powerful electronics companies in the world, now finds that its credit rating has been lowered by Moody’s Investors Service to the lowest level still considered investment grade – only one step above junk.  Moody’s, one of the largest credit rating agencies, has revised Panasonic’s rating twice before this year – and this third revision dropped the company’s credit rating two grades to Baa3…the lowest level considered investment grade.

What prompted Moody’s to make this huge downgrade of Panasonic’s credit?… [Read more…] about Moody’s Cuts Panasonic’s Credit Rating for the Third Time This Year – Now Near Junk

Filed Under: Asian Connection, Economic Trends, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Baa3, junk, Moody's Investor Service, Panasonic

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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