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Rating On Japan's Sojitz Corp. Raised To 'BB+'; Off Watch; Outlook Stable Product Image

Rating On Japan's Sojitz Corp. Raised To 'BB+'; Off Watch; Outlook Stable

  • Standard & Poors

FEATURED COMPANIES

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
TOKYO (Standard & Poor's) Feb. 27, 2007--Standard & Poor's Ratings Services today raised its long-term issuer credit rating on Sojitz Corp. to 'BB+' from 'BB' and removed the rating from CreditWatch where it was placed on April 28, 2006 with positive implications. The upgrade follows Sojitz's conversion of a total -205 billion of its -300 billion in outstanding convertible bonds into common shares READ MORE >

Sojitz Corp.

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