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Fitch cuts Lineage rating to BBB from BBB+ as leverage stays elevated

Verifying
  • Fitch Ratings lowered Lineage Inc.’s long-term issuer default rating to BBB from BBB+.
  • 5.9x leverage in the second quarter of 2026 exceeded Lineage’s previous threshold targets.
  • Lineage plans asset divestitures in 2027 while Fitch maintains a stable outlook.
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