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Lexmark Announces Security Agreement Following Downgrades of Debt Rating

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Earlier this week, we reported that both Moody’s Investor Service and Fitch Ratings had lowered their debt ratings for Lexmark International, citing concerns about its poor performance in 2017 and the outlook for 2018. Lexmark issued an announcement on April 6 that seems aimed at allaying concerns: Lexmark has entered into a security agreement with

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