CChaos on 25 September 2012
That's going to really smart with the increased interest rates that usually come with these downgrades. BBB+ would have been bad enough, but BBB is going to ensure that Sony will have to pay even more per month on the cash they borrow.
Not exactly a hay maker, but definitely a black eye to Sony. Hopefully they can pull it back up with some profitability before someone decides to Junk their rating.
