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ISS Global A/S receives Moody’s Ratings upgrade

As a result of its solid operating performance and improved financial metrics, global workplace experience and facility services company, ISS, has received an upgrade from Moody’s Ratings.

The long-term issuer credit rating on ISS Global A/S, as well as the issuer rating on its senior unsecured debt, have been raised from ‘Baa3’ to ‘Baa2’.

Sarah Nicolini, Moody’s Ratings Vice President-Senior Analyst and lead analyst for ISS, said: “Today’s ratings action reflects our expectations that ISS’ credit metrics will improve faster than previously anticipated.”

Kristian Skovfoged, Group Head of Treasury, Risk and M&A at ISS, added: “We are very pleased with the upgrade of our credit rating from Moody’s Ratings, as it is a reflection of the continued financial improvement, we see in our business.”

Workspace management: One-size-fits-all booking systems don’t work anymore

The way we work has changed – yet, many organisations are still relying on rigid, one-size-fits-all tools to manage desks and meeting rooms, according to a new study from workplace management solutions provider, Matrix Booking.

Spreadsheets, calendars, and generic booking software may have worked once, but they’re struggling to keep pace with today’s flexible, hybrid workforce. The result? Wasted time, frustrated employees, and expensive underutilised space.

Matrix Booking’s new study, ‘One-size-fits-all booking systems don’t work for today’s workforce’, explores why current systems are falling short – and how organisations can reimagine workspace management to boost efficiency, employee experience, and cost savings.

To download your FREE copy click here.

 

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