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Published on 4/22/2024 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch upgrades FactSet

Fitch Ratings said it upgraded FactSet Research Systems Inc.'s long-term issuer default rating and its senior unsecured issue ratings to BBB+ from BBB.

The outlook is stable.

“The upgrade reflects FactSet's sustained improvements in operating performance, which are expected to drive consistent growth, enhanced profitability, increased scale, and lower financial leverage,” the agency said in a news release.


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