Fitch ups Wolters Kluwer notes to BBB

Fitch Ratings said it upgraded Wolters Kluwer's long-term issuer default rating to BBB+ from BBB, senior unsecured rating to BBB+ and subordinated notes rating to BBB. The short-term issuer default rating is affirmed at F2.

The outlook is stable.

The upgrade is based the company's continued operating and financial improvements after three years of restructuring to levels commensurate with a higher rating, the agency said.

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