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Article Date: November 2023
Word Count: 130

Birkenstock Upgraded by S&P Global

The newly public company now has an issuer credit rating of BB-, up from B+, following the repayment of about €520 million in debt using proceeds from its IPO and existing cash. S&P also raised its issue level ratings on BIRK’s remaining debt, and gave the company a stable outlook. The ratings agency expects Birkenstock will ... Log in to view full article.


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