SoftBank Dumps Moody's After a Two-Notch Downgrade

The credit rating firm gave a thumbs down to SoftBank’s plan to repurchase up to $41 billion in shares and debt, by lowering the Japanese technology giant’s credit rating and questioning the “unexpected size and apparent urgency” of the move.

SoftBank Dumps Moody's After a Two-Notch Downgrade
The credit rating firm gave a thumbs down to SoftBank’s plan to repurchase up to $41 billion in shares and debt, by lowering the Japanese technology giant’s credit rating and questioning the “unexpected size and apparent urgency” of the move.