S&P downgrades Greece again as default fears persist

Monday, May 09, 2011

Standard & Poor's has today downgraded its long term and short term ratings on Greece to B and Crespectively. The long term rating falls from its previous level of BB-, with the short term rating previously being B.

Comment by: Anonymous. Posted 12 years ago [2011-05-10 13:43:17]

S&P seems to have it right here. Of course, this downgrade as well as that in March comes too late to add value for investors.

CLOs

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