Moody’s upgrades Cushman & Wakefield rating to Ba3 on debt reduction
Moody's upgraded Cushman & Wakefield's corporate family rating to Ba3 from B1, citing operational momentum and debt reduction. The firm's strong market position, liquidity, and recurring income were highlighted. Moody's maintained a stable outlook, projecting steady EBITDA growth and prudent capital management. Further upgrades depend on sustained leverage and interest coverage ratios.




