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Nidec Bond Spreads Widen as Auditor Withholds Financials Opinion

Source: Bloomberg

Credit & Bond MarketsCompany FundamentalsManagement & Governance

Nidec Corp.’s bond spreads widened after its auditor withheld an opinion on the company’s financial statements, heightening investor concern over credit risk. The audit-related uncertainty could raise Nidec’s financing costs and pressure its debt valuations.

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