AT&T Faces Credit Downgrade If It Doesnt Lighten Debt Load Soon

Posted on July 28, 2010 by admin

Ratings service Standard & Poors could cut AT&T Inc. s A credit ratings if the telecom giant doesnt lighten its debt load. AT&T has more than $9.7 billion of debt coming due in the next year that it either must pay off or refinance.

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