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S&P downgrades Oracle's credit rating to BBB-

By PulseAugur Editorial · [1 sources] ·

S&P has downgraded Oracle's long-term issuer credit rating to 'BBB-', just one notch above junk status. This rating change could lead to a forced sell-off of Oracle's bonds, as many investment funds have restrictions that require them to hold only investment-grade securities or higher. AI

RANK_REASON Credit rating downgrade for a major tech company.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

S&P downgrades Oracle's credit rating to BBB-

COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    S&P downgraded Oracle's long-term issuer credit rating to 'BBB-' This is one grade above "junk." OK. So what? Well, many mutual funds and other investment accou

    S&P downgraded Oracle's long-term issuer credit rating to 'BBB-' This is one grade above "junk." OK. So what? Well, many mutual funds and other investment accounts restrict their credit holdings to certain grades and higher. The lower rating could cause a forced sell-off of Oracl…

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