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S&P downgrade warning sends Toshiba shares falling

BusinessBy adminFebruary 19, 2017Leave a comment

[ad_1] TOKYO — S&P Global Inc said in a report on Friday it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent. S&P rates Toshiba credit as junk, at CCC+, following downgrades in December and January, after…

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