Great Lakes Dredge & Dock Receives S&P Credit Rating Upgrade to B

Reuters11-26

Great Lakes Dredge & Dock Corporation announced that S&P Global Ratings has upgraded the company's issuer credit rating to "B" from "B-" with a stable outlook. The upgrade reflects improved revenues, earnings, expanding margins, and decreasing capital expenditures, supporting positive free cash flow projections through 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Great Lakes Dredge & Dock Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9592264-en) on November 25, 2025, and is solely responsible for the information contained therein.

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