exactly -- there is a fee involved to get a rating. no reason to pay it if you aren't going to use it. I don't believe MSFTs rating is still valid. (they recently filed a shelf so may issue in near future)
On Mar 14 09:33 PM ChipsAhoya wrote:
> Companies generally have to have issued public debt to be rated. > GOOG doesn't have an AAA rating because they aren't rated at all. > MSFT actually did issue debt and that's why they have a rating. Apple's > rating was withdrawn in 2004 and hasn't been updated since because > there isn't really a need for it to be.
The 15 Most Cash Rich Companies [View article]
On Mar 14 09:33 PM ChipsAhoya wrote:
> Companies generally have to have issued public debt to be rated.
> GOOG doesn't have an AAA rating because they aren't rated at all.
> MSFT actually did issue debt and that's why they have a rating. Apple's
> rating was withdrawn in 2004 and hasn't been updated since because
> there isn't really a need for it to be.