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0.00896286811779762 0.0102432778489117 0.00384122919334179 0.00448143405889875 0.00128040973111393 0.00128040973111393 -0.00128040973111393 -0.0038412291933419
Stock impact report

Lumen Ratings Upgraded by Top 3 Global Ratings Agencies

Lumen Technologies, Inc. (LUMN) 
Company Research Source: Business Wire
Upgrades reflect strengthened balance sheet, improved liquidity profile, and disciplined execution against its financial and strategic priorities DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced that it has received upgraded ratings from all three major global ratings agencies – Fitch Ratings (Fitch), Moody’s Investor Service (Moody’s), and S&P Global (S&P) – marking a significant milestone in the company’s multi-year financial and operational transformation.“These upgrades validate the hard work of our teams and the structural progress we’ve made to strengthen our balance sheet and reposition Lumen for sustainable growth,” said Kate Johnson, Chief Executive Officer of Lumen. “We have reduced debt, lowered our cost of capital, and enhanced financial flexibility, while investing in the next generation of digital network infrastructure to support enterprise customers in the AI-driven economy.”All three agencies cited significant debt reduction and lower levera Show less Read more
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