(Bloomberg) -- Ericsson AB, the world's largest
maker of mobile-network equipment, is issuing $1.6 billion of
bonds in its first sale of debt in more than two years.
The company is taking on new debt less than a week after
Standard & Poor's boosted Stockholm-based Ericsson's investment-
grade credit rating by two levels on rising demand for its
products. A slump in orders in 2002 prompted its rating being cut
to high-risk, high-yield, or junk, status.
Read more at Bloomberg Bonds News
maker of mobile-network equipment, is issuing $1.6 billion of
bonds in its first sale of debt in more than two years.
The company is taking on new debt less than a week after
Standard & Poor's boosted Stockholm-based Ericsson's investment-
grade credit rating by two levels on rising demand for its
products. A slump in orders in 2002 prompted its rating being cut
to high-risk, high-yield, or junk, status.
Read more at Bloomberg Bonds News
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