S&P Downgrades Oracle to BBB, Leaving It One Notch Above Junk
S&P Global Ratings announced a downgrade of Oracle's credit rating. The agency assigned the company a BBB rating. BBB is the lowest tier
S&P Global Ratings announced a downgrade of Oracle's credit rating.
The agency assigned the company a BBB rating. BBB is the lowest tier
of investment‑grade credit. This places Oracle only one notch above
junk status. The downgrade reflects concerns about Oracle's financial
outlook. Investors will see the rating change reflected in market
analyses. Oracle may need to address the issues highlighted by S&P.
The rating shift could affect borrowing costs for the firm. Market
watchers will monitor Oracle's response in the coming weeks.