Moody's Ratings changes Steelcase's outlook to positive; affirms Ba2 CFR
Moody's Ratings (Moody's) affirmed Steelcase Inc.'s (Steelcase) ratings including the Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating (PDR), and the Ba3 rating on the company's senior unsecured notes due 2029. The company's speculative grade liquidity rating is unchanged at S...Steelcase provides furniture settings, user-centered technologies and interior architectural products. The company's furniture portfolio includes panel, fence and beam-based furniture systems, storage, fixed and height-adjustable desks, benches and tables and complementary products. The company's seating products include task chairs and seating for specific vertical markets. The company's technology solutions support group collaboration by integrating furniture and technology. The company's interior architectural products include full and partial height walls and architectural pods. The company also provides services, including workplace strategy consulting, data-driven space measurement, and lease origination services.
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