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Securitas AB upgraded to 'BBB+' by Standard & Poor's Global Ratings

Source: PR Newswire

Sovereign Debt & RatingsCompany FundamentalsBanking & Liquidity

S&P upgraded Securitas’ long-term credit rating to BBB+ from BBB, assigning a stable outlook, citing lower leverage, strong performance, and revised financial targets. The move is credit-positive and may modestly support funding/liquidity expectations, though it’s unlikely to be market-moving beyond the company’s credit spread.

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