TECHNOLOGY - Dec. 13, 1991
From Times Staff and Wire Reports
IBM May Lose Triple-A Bond Rating: Moody’s Investors Service Inc. said it may lower International Business Machines’ senior debt, which enjoys the highest rating given by the agency. A downgrading could raise the cost of borrowing for the world’s largest computer maker by forcing it to pay higher interest rates to attract lenders. Such an action could affect about $18 billion owed by IBM and its subsidiaries.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
