Tag Archives: junk bond rating

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

Posted on by May 18, 2012
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<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious … Continue reading →

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

Posted on by May 18, 2012
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<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the … Continue reading →