S&P Upgrades Cushman & Wakefield Credit Rating to BB

Key Facts

1S&P Global Ratings upgraded Cushman & Wakefield's credit rating to BB.

S&P Global Ratings upgraded Cushman & Wakefield's credit rating to BB. Investing.com reported that the upgrade reflects an improved credit profile for the real estate services firm.

The rating action follows improvements in the company's leverage ratios and operational performance. Such upgrades generally lead to lower borrowing costs and bolster investor sentiment regarding the firm's debt and equity instruments.