YahooSeptember 24, 2026 at 6:11 PM NYLast Month
S&P Global upgrades AZZ to ’BB’ on rapid debt reduction and improving leverage
Investing.com -- S&P Global Ratings has upgraded AZZ Incorporated's (NYSE:AZZ) issuer credit rating to ‘BB’ from ‘BB-’, citing accelerated debt repayment and sustained improvements in the company's leverage profile. The rating agency also raised its issue-level rating on the company’s senior secured debt to ‘BB+’ from ‘BB’, while maintaining a ‘2’ recovery rating.
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