Fitch Holds Lenovo at BBB, Citing Stable Credit Metrics and Service-Led Growth
Fitch Ratings has affirmed Lenovo Group Limited’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at BBB and maintained a stable outlook. The agency also upheld the company's senior unsecured rating at BBB and affirmed three note issues at the same level. Fitch points to Lenovo’s market-leading PC position, rising services revenue and …