5 ms·
"Ratings agencies have rushed to cut their credit ratings on Toys “R” Us to reflect the sinking market sentiment...[S&P] had the retailer rated B- just two week
by IMTDb 9y ago
"Ratings agencies have rushed to cut their credit ratings on Toys “R” Us to reflect the sinking market sentiment...[S&P] had the retailer rated B- just two weeks ago, and Moody’s Investors Service still has a B3 rating and stable outlook for the name."
Ratings agencies once again showing how efficient they are at actually rating debt. B3 and stable outlook for a company that has actually field for bankruptcy, you gotta be kidding me.