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1732416 (LXK)

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  • Moody's

    Project Leopard Holdings Inc. -- Moody's affirms Kofax's B2 CFR, outlook remains negative

    The negative outlook reflects Moody's expectation of a deterioration in Kofax's credit metrics due to the effects of the COVID-19 pandemic on the global economy, as well as the uncertainty over the depth and duration of the outbreak. While the majority of Kofax's revenue base is recurring and will provide stability in free cash flow generation, the company's print management and capture software products for multi-function printers (MFPs) will face stronger headwinds to sales and cash flow over the near-term.

  • Moody's

    Lexmark International, Inc. -- Moody's announces completion of a periodic review of ratings of Lexmark International, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Lexmark International, Inc. New York, November 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Lexmark International, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.