Fitch to withdraw Microsoft’s ratings

According to a press release from the agency, international ratings agency Fitch Ratings intends to withdraw Microsoft Corp.’s ratings within 30 days for commercial reasons.

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Fitch to withdraw Microsoft’s ratings © Daily Management Review

“For commercial reasons, Fitch Ratings intends to withdraw Microsoft Corporation’s ratings on or about January 23 (about 30 days after this release),” the agency wrote.

Microsoft has an Issuer Default Rating (IDR) of ‘AAA’ for the long term and an IDR of ‘F1+’ for the short term.

Microsoft Corporation was founded in 1975 by Bill Gates and Paul Allen. Its headquarters are located in Redmond, Washington. The company specializes in software development, and Microsoft, in particular, is the creator of the Windows operating system.

source: fitchratings.com

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