Business & Finance
Harley-Davidson’s Credit Ratings Get Cut to Junk By S&P
Key Points
Harley-Davidson’s Credit Ratings Get Cut to Junk By S&P S&P Global Ratings cut Harley-Davidson Inc.’s credit grades to junk status on Wednesday, citing the company’s strategy to start selling lower-cost motorcycles to boost revenue. The motorcycle maker’s plan could lift retail sales and market share, but will pressure profitability for some time, S&P said in a statement. The bond grader estimates that an adjusted measure of Harley—Davidson’s margins, in particular an adjusted Ebitda margin,...
Harley-Davidson’s Credit Ratings Get Cut to Junk By S&P
S&P Global Ratings cut Harley-Davidson Inc.’s credit grades to junk status on Wednesday, citing the company’s strategy to start selling lower-cost motorcycles to boost revenue.
The motorcycle maker’s plan could lift retail sales and market share, but will pressure profitability for some time, S&P said in a statement. The bond grader estimates that an adjusted measure of Harley—Davidson’s margins, in particular an adjusted Ebitda margin, will probably be around 5% to 6% in 2026.