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Market Impact: 0.3

GMO Bond Spread Jumps as Cyberattack Hits Credit Market

Source: Bloomberg

Cybersecurity & Data PrivacyCredit & Bond MarketsCompany Fundamentals

A cyberattack on a listed unit of GMO Internet Group is raising concerns about potential earnings damage and widening the company’s bond spread in Japan’s credit market. The article gives no spread magnitude or earnings estimate.

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