(Reuters) - Fitch lowered IBM's "AA-minus" issuer default and senior
unsecured debt ratings one notch to "A-plus," the fifth highest
rating.
The downgrades "reflect IBM's shift in financial policies
to a more aggressive long-term capital structure with a higher
degree of core financial leverage," Fitch said in a release.
Read more at Reuters.com Bonds News
unsecured debt ratings one notch to "A-plus," the fifth highest
rating.
The downgrades "reflect IBM's shift in financial policies
to a more aggressive long-term capital structure with a higher
degree of core financial leverage," Fitch said in a release.
Read more at Reuters.com Bonds News
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