BRIEF-S&P Says Softbank Group Outlook Revised To Negative On Additional Investment In OpenAI 'BB+' Ratings Affirmed

Microsoft Corporation +4.61% Pre

Microsoft Corporation

MSFT

411.22

419.24

+4.61%

+1.95% Pre

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]


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