(Finance) – Fitch Ratings has the Long-Term Issuer Default Rating confirmed (IDR) by Dell Technologiesan American multinational active in the production of personal computers and information systems, to “BBB” with outlook “stable“.
Dell’s rating reflects its market leadership positions, core EBITDA leverage improving below 2.0x which benefited from gross debt reduction actions and Dell’s liquidity position. It also considers the competitive profile of the Dell industry, current restraint in consumer and business spending, as well as potential macroeconomic headwinds.
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