BRIEF-S&P Says Softbank Group Outlook Revised To Negative On Additional Investment In OpenAI 'BB+' Ratings Affirmed
Reuters03-03 13:57
BRIEF-S&P Says Softbank Group Outlook Revised To Negative On Additional Investment In OpenAI 'BB+' Ratings Affirmed
March 3 (Reuters) -
S&P: SOFTBANK GROUP CORP. OUTLOOK REVISED TO NEGATIVE ON ADDITIONAL INVESTMENT IN OPENAI; 'BB+' RATINGS AFFIRMED
S&P: THE LIQUIDITY OF SOFTBANK GROUP'S INVESTMENT PORTFOLIO WILL WORSEN BECAUSE OPENAI NOW ACCOUNTS FOR A BIGGER SHARE OF IT.
S&P: SOFTBANK GROUP'S CREDITWORTHINESS OF INVESTMENT ASSETS WILL ALSO LIKELY DETERIORATE.
Source text: https://tinyurl.com/5eym85h6
Further company coverage: [9984.T MSFT.O]
((Reuters.Briefs@thomsonreuters.com;))
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