Moody's Japan K.K. downgraded debt ratings for Tokyo Electric Power Co TKECF.
Moody's lowered Tepco's senior secured rating from “Baa2” to “Ba2.” It also cut Tepco's long-term issuer rating from “Baa3” to “B1.”
TKECF shares dropped 2.09% to close at $3.75 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
