Great Lakes Dredge & Dock Receives S&P Credit Rating Upgrade to B
Reuters
Nov 26
Great Lakes Dredge & Dock Receives S&P Credit Rating Upgrade to B
Great Lakes Dredge & Dock Corporation announced that S&P Global Ratings has upgraded the company's issuer credit rating to "B" from "B-" with a stable outlook. The upgrade reflects improved revenues, earnings, expanding margins, and decreasing capital expenditures, supporting positive free cash flow projections through 2026.
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