Rentokil Initial plc has received credit ratings and research from Fitch and S&P Global, with both providers attributing BBB ratings with a ‘Stable’ outlook.
In initiating coverage, Fitch noted the Company’s global scale and market position, strong service execution, and profitability.
S&P Global acknowledged synergies from the company’s acquisition of Terminix in October 2022, including improving free operating cash flow and expected deleveraging.
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