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SoftBank criticises Moody’s after debt downgrade

The spat comes after SoftBank announced it would raise up to $41bn through the sale of assets

SoftBank has lashed out at Moody’s after the ratings agency downgraded the Japanese conglomerate’s debt this morning.

The two-notch cut received an angry response from SoftBank, in which it accused Moody’s of having “biased and mistaken views”.

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