Comment by master_crab

3 days ago

This is not particularly newsworthy. Kroll is not one of the main ratings agencies, and certainly not the one bond purchasers use.

4 comments

master_crab

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bubbluppugus  3 days ago

Isn't the "bad" signal here use of such an outlier agency to begin with?

As in "main ratings agencies" see no reason to bother

  • master_crab  3 days ago

    It’s a fair point. It’s certainly not good but that doesnt = bad. It could be an artifact of FT deciding to report on a nothingburger.

    I’d reserve judgement until i see them report more detailed financials and the big ratings agencies step in with assessment.