INNIO announces credit rating upgrades and policy

INNIO has announced credit rating upgrades from Moody’s Ratings and Fitch Ratings, and reaffirmed its financial policy framework supporting profitable growth and deleveraging.

• Moody’s upgraded INNIO’s Corporate Family Rating to Ba3 from B1 and revised the outlook to positive; Fitch upgraded INNIO’s Long-Term Issuer Default Rating to BB from B+ with a stable outlook and lifted senior secured debt to BB+ from B+.
• INNIO said it targets net leverage below 2.0x over the medium term, may allow leverage up to 2.5x for selective M&A, and does not intend to pay cash dividends in the near term; the company said the upgrades follow its June 2026 IPO and reflect strong operating performance and cash flow generation.