Investing.com Analyst action
S&P downgrades Skillsoft rating on high leverage concerns
S&P Global Ratings downgraded Skillsoft Corp. to 'CCC+' from 'B-' due to high leverage and refinancing risks ahead of its 2028 debt maturity. The negative outlook reflects historical revenue declines and inconsistent free cash flow, with S&P expecting adjusted leverage to remain high despite the divestiture of its Global Knowledge business. Skillsoft aims to improve EBITDA margins by …