ISS, a leading global workplace experience and facility services company, has received an upgrade from Moody’s Ratings as a result of its solid operating performance and improved financial metrics.
The long-term issuer credit rating on ISS Global A/S, as well as the issuer rating on its senior unsecured debt, have been raised from ‘Baa3’ to ‘Baa2’.
Sarah Nicolini, Moody’s Ratings Vice President-Senior Analyst and lead analyst for ISS, says:
“Today’s ratings action reflects our expectations that ISS’s credit metrics will improve faster than previously anticipated.”
Kristian Skovfoged, Group Head of Treasury, Risk and M&A at ISS, says: “We are very pleased with the upgrade of our credit rating from Moody’s Ratings, as it is a reflection of the continued financial improvement, we see in our business”.
