Credit agency Standard and Poor’s have downgraded Sony’s credit rating from A-2 to BBB+.
Sony has struggled lately with several products failing to meet expectations on the market, and reported a $1.1B loss for Q3 2011.
Citing poor demand and "severe circumstances", S&P said ratings could be expected to drop further if there was no sign of recovery within 6-12 months.
The full report can be found here.
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![mi [Event news] The First Guild Wars Card Battler Coming to PC and Mobile](https://mcvuk.com/wp-content/uploads/mi-310x165.jpg)
The beloved fantasy franchise Guild Wars expands into new territory with the announcement of a brand new free-to-play digital collectible card game (CCG), Mistbound. Officially licensed by ArenaNet, developed by NC, and globally published by bilibili, Mistbound marks the first CCG spin-off set within the Guild Wars universe. Designed around new multi-directional card movement mechanics, Mistbound aims to bring new energy to the traditional CCG universe and honor the legacy of Guild Wars for players.
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