Daily News: May 6, 2013

S&P: Corporate, Sovereign Debt Ratings Closely Linked

According to an article that appeared on CFO.com, if a company is a better credit risk than its home country, it might still have trouble getting a credit rating agency to recognize that fact.

CFO said under new methodologies proposed by Standard & Poor’s, some companies could find it slightly harder to pierce the country ceiling and earn a better credit rating than the countries they operate in.

To read the entire CFO Magazine article, click here.