Moody’s Slashes Lexmark’s Rating on Fears of Weak Performance


Moody’s Investor Service has downgraded Lexmark International’s debt rating in a report that says the current negative outlook for the company isn’t likely to change anytime soon. Moody’s downgraded Lexmark’s corporate family rating from Ba3 to B3 and its probability of default rating from Ba3-PD to B3-PD. Moody’s says it downgraded Lexmark because it doesn’t

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