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TEXT-Fitch Teleconf: Sony and Panasonic Downgrade, 11:30am Tokyo, 23 Nov
November 23, 2012 / 1:20 AM / 5 years ago

TEXT-Fitch Teleconf: Sony and Panasonic Downgrade, 11:30am Tokyo, 23 Nov

(The following was released by the rating agency)

TOKYO/SEOUL/SINGAPORE, November 23 (Fitch) Fitch Ratings will hold a teleconference at 11:30am (Tokyo/Seoul time), Friday 23 November 2012, to discuss the decline of the Japanese technology giants.

The agency has downgraded Sony Corporation and Panasonic Corporation to speculative grade with Negative Outlook. A separate announcement on the rating action is available at www.fitchratings.com.

The teleconference will be hosted by Matt Jamieson, Head of Asia-Pacific Research of the Corporate Ratings Group. He will kick off the discussion with a 10-minute briefing, followed by a Q&A session with callers.

Investors and other market participants can contact Rachel Loh (rachel.loh@fitchratings.com, +65 6796 7209) for enquiries.

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