Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation - S&P Global Ratings’ Credit Research

Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation

Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation - S&P Global Ratings’ Credit Research
Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation
Published Jul 12, 2002
Published Jul 12, 2002
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Abstract:

(Editor's Note: This article, which was originally published on July 11, 2002, incorrectly stated that the short-term ratings were remaining on CreditWatch. The short-term ratings were affirmed and are not on Credit Watch. A corrected version follows.) NEW YORK (Standard&Poor's) July 12, 2002—Standard&Poor's said today that its triple-'A' corporate credit and long-term debt ratings on pharmaceutical company Bristol-Myers Squibb Co. remain on CreditWatch, with negative implications, pending a review of the company's earnings growth prospects over the next several years. This announcement follows Bristol-Myers Squibb's confirmation that it has been in discussions since April 2002 with the Securities and Exchange Commission (SEC) concerning its sales incentive practices. At the same time, Standard and Poor's affirmed its

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Pharmaceuticals (35202010)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation" Jul 12, 2002. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bristol-Myers-Squibb-Long-Term-Ratings-Remain-on-Watch-Negative-In-View-of-SEC-Investigation-254792>
  
APA:
S&P Global Ratings’ Credit Research. (). Bristol-Myers Squibb Long-Term Ratings Remain on Watch Negative In View of SEC Investigation Jul 12, 2002. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bristol-Myers-Squibb-Long-Term-Ratings-Remain-on-Watch-Negative-In-View-of-SEC-Investigation-254792>
  
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