Wolverine Worldwide’s share buyback policy and the impact of Covid-19 have lifted its debt leverage, prompting Standard & Poor’s (S&P) to downgrade its credit rating. A further downgrade is possible if the company fails to reduce its leverage in 2021, said S&P. A few days later, on May 6, the ...
To continue reading this article Register Now. For corporate membership and enquiries see our corporate membership page.