Moody's Reignites Feud With SoftBank By Revising Ratings Outlook To "Negative"
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Moody's Reignites Feud With SoftBank By Revising Ratings Outlook To "Negative"

Tyler Durden

Fri, 06/26/2020 - 20:45

Weighing in for the third time this year, Moody's just reignited its feud with SoftBank by reaffirming the company's junk credit rating while moving its outlook to "negative", from "ratings under review" on Friday as the collapse of Wirecard (once a major SoftBank holding though the company dumped its stake last year) creates yet another blemish on Masa...

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