Ericsson set to become rising star

Ericsson’s fortunes improved dramatically last month after rating agency Moody’s announced a surprise two-notch upgrade for the handset manufacturer. Some analysts are even predicting that Ericsson may return to investment grade as early as next year.

Moody’s has stated that further upgrades are likely in a “short time frame” if the current trends continue. For Aizaz Sheikh, senior analyst, high yield at BNP Paribas, the two-notch upgrade from B1 to Ba2 reflects the overall positive credit trend

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here