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News Link • Economy - International

Sony’s credit rating crash hits junk status

• ars technica
In November 2012, Moody’s downgraded Sony’s long-term debt rating from Baa2 to Baa3, one notch above junk status. That marked the second time in a month Sony was hit with a downgrade. On Monday, however, Moody’s pushed Sony’s rating over the edge to Ba1—aka junk status....

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