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Moody's announces completion of a periodic review of ratings of Lexmar...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Lexmark International, Inc.. Global Credit Research- 12 Nov 2019. New York, November 12, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Lexmark International, Inc. and other ratings that are associated with the same analytical unit.

Lexmark International, Inc.: Update following change in outlook to sta...

The new term loan commitment from the company's lead bank addresses the March 2020 note maturity alleviating pressure on debt ratings.

Moody's affirms Lexmark's B3 CFR, outlook changed to stable

Rating Action: Moody's affirms Lexmark's B3 CFR, outlook changed to stable. Global Credit Research- 22 May 2019. New York, May 22, 2019-- Moody's Investors Service affirmed Lexmark International, Inc.' s B3 Corporate Family Rating, B3-PD Probability of Default Rating, and B3 senior secured debt ratings.

Moody's says Lexmark's new $339 million term loan commitment addresses...

Announcement: Moody's says Lexmark's new $339 million term loan commitment addresses March 2020 note maturity and is credit positive. Global Credit Research- 03 May 2019. New York, May 03, 2019-- Moody's Investors Services said that Lexmark International, Inc. received a new term loan commitment from its lead bank, China CITIC Bank Corporation Limited, for $339 million to refinance the senior notes that come due in March 2020. "This commitment is credit positive and addresses a...

Lexmark International, Inc.: Lexmark’s new $339 million term loan co...

The company's new term loan addresses a significant near term maturity which represented an overhang on the company's ratings and outlook.

Lexmark International, Inc.: Update to discussion of key credit factor...

The near term maturity of the March 2020 notes pressures the company's credit profile despite the rebound in revenue and EBITDA in 2018.

Lexmark International Inc.: Rebound in supplies revenue boosts cash fl...

Despite a recent improvement in Lexmark's operating performance, it is not clear whether the turnaround will be enough to refinance its near-term maturities.

Lexmark International, Inc.: Update following affirmation of B3 rating...

The company completed its security agreement effective April 2, 2018; sr notes are now secured with a 1st lien on Lexmark assets.

Moody's affirms B3 rating of Lexmark's sr secured notes; notes remain ...

Moody's Investors Service ("Moody's") affirmed the B3 rating of Lexmark International, Inc.'s ("Lexmark") senior secured notes and the B3 corporate family rating. Effective April 2, 2018, the company completed a security agreement with its lenders and the senior notes now sha...

Lexmark International, Inc.: Update following ratings downgrade

Lexmark’s deteriorating financial performance coupled with its high expected leverage and negative FCF resulted in the CFR downgrade to B3 from Ba3 and the outlook remaining negative.

Moody's downgrades Lexmark to B3, outlook negative

Moody's Investors Service ("Moody's") downgraded Lexmark International, Inc.'s ("Lexmark") corporate family rating to B3 from Ba3. As part of the rating action, Moody's downgraded Lexmark's probability of default rating to B3-PD from Ba3-PD and the senior unsecured debt ratings to B3 from Ba...

Please Change Name Gerald Granovsky
  • Please Change Name Gerald Granovsky

Moody's downgrades Lexmark to Ba3; outlook is negative

Rating Action: Moody's downgrades Lexmark to Ba3; outlook is negative. Global Credit Research- 29 Sep 2017. New York, September 29, 2017-- Moody's Investors Service has downgraded Lexmark International, Inc.' s corporate family rating to Ba3 from Ba2.

Please Change Name Gerald Granovsky
  • Please Change Name Gerald Granovsky

Lexmark International, Inc.: Update Following Downgrade and Conclusion...

CORPORATES CREDIT OPINION 3 October 2017 Update RATINGS Lexmark International, Inc. Domicile Lexington, Kentucky, United States Long Term Rating Ba3 Type LT Corporate Family Ratings Outlook Negative Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Gerald Granovsky 212-55

Please Change Name Gerald Granovsky
  • Please Change Name Gerald Granovsky

Moody's downgrades Lexmark to Ba3; outlook is negative

Rating Action: Moody's downgrades Lexmark to Ba3; outlook is negative. Global Credit Research- 29 Sep 2017. New York, September 29, 2017-- Moody's Investors Service has downgraded Lexmark International, Inc.' s corporate family rating to Ba3 from Ba2.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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