Quad Upgraded by S&P to 'BB-' with Stable Outlook on Reduced Debt and Improved Leverage
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Quad/Graphics, Inc. (NYSE: QUAD) has been upgraded by S&P Global Ratings from 'B+' to 'BB-' with a stable outlook due to reduced debt and improved leverage.
December 11, 2024 | 12:45 pm
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Quad/Graphics, Inc. has been upgraded by S&P Global Ratings to 'BB-' from 'B+' with a stable outlook, reflecting reduced debt and improved leverage.
The upgrade by S&P to 'BB-' from 'B+' indicates improved financial health for Quad/Graphics, driven by reduced debt and better leverage. This positive credit rating change is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100