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Article Date: October 2019
Word Count: 87

Wolverine Worldwide Outlook Revised to Negative by Standard & Poor’s


The ratings agency said that WWW’s BB+ rating outlook has been revised to negative from stable because its leverage has risen to 3x due to spending on share buybacks. If the leverage is maintained above 3x in 2020, which could happen if EBITDA ... Log in to view full article.

 

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