Darkbeer
08-26-2002, 12:47 PM
http://cbs.marketwatch.com/news/story.asp?guid=%7B6F3DC42C%2D72A0%2D4EC6%2D84F2%2D D967C9812B4B%7D&siteid=mktw
CHICAGO (CBS.MW) - Fitch Investor's Service downgraded Walt Disney Co.'s debt rating Monday, citing the company's heavy debt and uncertain prospects.
Fitch cut Disney's rating from "A-" to "BBB+" on $14 billion of debt. The rating is a few steps away from junk status.
CHICAGO (CBS.MW) - Fitch Investor's Service downgraded Walt Disney Co.'s debt rating Monday, citing the company's heavy debt and uncertain prospects.
Fitch cut Disney's rating from "A-" to "BBB+" on $14 billion of debt. The rating is a few steps away from junk status.