Moody’s withdraws TWITTER’s previous credit ratings because of “insufficient information”

Withdrawals:

..Issuer: Twitter, Inc.

…. Corporate Family Rating, Withdrawn, previously rated B1, and Under Review for Downgrade
…. Probability of Default Rating, Withdrawn, previously rated B1-PD and Under Review for Downgrade
….Senior Unsecured Regular Bond/Debenture, Withdrawn, previously rated B1 (LGD4), and Under Review for Downgrade

Outlook Actions:

..Issuer: Twitter, Inc.

….Outlook, Changed To Rating Withdrawn From Rating Under Review

RATINGS RATIONALE

Moody’s has decided to withdraw the ratings because it believes it has insufficient or otherwise inadequate information to support the maintenance of the ratings…

Um, OK.

You may get Moody’s Gateway Guardian if you click our link. Just scroll to the bottom of their crap and click “agree” to read the whole document.

One thought on “Moody’s withdraws TWITTER’s previous credit ratings because of “insufficient information”

  1. Chump change says:

    Elon Musk is still the world’s richest person with a fortune of $169.8 billion, according to the Bloomberg Billionaires Index, even after seeing his net worth shrink by $8.6 billion on Monday. He’s down $100.5 billion this year — the most of anyone on the wealth index — after peaking at $340 billion a little more than a year ago. https://www.msn.com/en-us/money/companies/elon-musks-2022-wealth-loss-exceeds-dollar100-billion-for-first-time/ar-AA14nZeH

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