Coinbase’s corporate family rating (CFR), a long-term rating that reflects the relative likelihood of a default on a corporate family’s debt, was lowered from Ba3 to B2, which are both considered non-investment grades. Guaranteed senior unsecured notes were downgraded from B1 to Ba2, the company said. www.coindesk.com
Coinbase’s corporate family rating (CFR), a long-term rating that reflects the relative likelihood of a default on a corporate family’s debt, was lowered from Ba3 to B2, which are both considered non-investment grades. Guaranteed senior unsecured notes were downgraded from B1 to Ba2, the company said.
www.coindesk.com