Twitter's Convertible Bonds: More Rating Agency Irrelevance |
November 21, 2014 | November 2014 Bond Updates |
For some reason Standard & Poor’s unsolicited (Twitter didn’t pay for it) “junk” BB- rating of Twitter’s recent convertible bond offering has been portrayed as negative news—or as newsworthy. It’s neither. |
View more at: http://www.forbes.com/sites/billfeingold/2014/11/14/twitters-convertible-bonds-more-rating-agency-irrelevance/ |