ACCO Brands' Debt Woes: S&P's Negative Outlook
Update: 2025-11-08
Description
ACCO Brands net sales plummeted by ten percent in the first nine months of fiscal year 2025, leading S&P Global Ratings to downgrade its outlook for the company from stable to negative. The office supplies manufacturer is grappling with high debt and dwindling demand for its products, exacerbated by price increases and cautious consumer and business spending. Despite efforts to pay down debt, S&P warns of a potential credit rating downgrade if ACCOs debt remains elevated, potentially triggering further reorganization.
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