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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
Lexmark International Inc. Downgraded To 'B' On Expectation For Slower Deleveraging; Outlook Negative
We expect that leverage will remain elevated at U.S. printer and imaging
device and supplies manufacturer Lexmark International Inc. through 2018
as the company continues to rebuild its installed base.
We are lowering our corporate credit rating on Lexmark to 'B' from 'B+'.
The negative outlook reflects weak supplies sales due to a lower
installed base and competitive printing industry conditions that pose
threats to Lexmark's prospects to restore revenue growth and reduce
leverage over the next 12 months.