S&P revises Dun & Bradstreet view to stable

S&P said it revised its outlook to stable from positive on Dun & Bradstreet Holdings Inc. and affirmed the B+ issuer credit rating, B+ ratings on the company's senior secured debt and B- ratings on the company's unsecured debt.

The recovery expectations are unchanged.

“The stable outlook reflects our expectation that D&B will exhibit steady operating performance including organic revenue growth in the low- to mid-single-digit-percent area, supported by new product launches, and steady to improving EBITDA margins in the low- to mid-30% range, driven in part by moderating one-time and capitalized labor costs, and adjusted leverage in the 5x-6x area over the next 12 months,” S&P said in a news release.

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