SoftBank Downgraded By Two Notches To ‘Junk’ Status – ValueWalk Premium
Softbank

SoftBank Downgraded By Two Notches To ‘Junk’ Status

Standard & Poor’s Ratings Services downgraded SoftBank's debt rating by two notches to ‘junk’ status, after its Sprint acquisition got regulatory clearances.

The rating agency cut SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)'s rating to BB+, which is the highest junk grade rating, from BBB.

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