Fitch views Willis Towers positively

Fitch said it changed its outlook for Willis Towers Watson plc to positive from stable.

“The rating outlook has been revised to positive from stable to reflect improved cash flow generation and Fitch-defined gross leverage that could remain below 2.5x in the coming years,” Fitch said in a press release.

The agency also affirmed WTW’s long-term issuer default rating and issue-level ratings for and related entities at BBB.

Concurrently, Fitch affirmed issue-level ratings for senior unsecured notes issued by its subsidiaries, Trinity Acquisition plc and Willis North America Inc.

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