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Jones Lang LaSalle Incorporated (NYSE: JLL) today announced that Standard & Poor's Ratings Services (S&P) has raised JLL's credit rating to "BBB+" from "BBB," the second upgrade the firm has received from S&P in less than a year. JLL's issuer and senior unsecured ratings from S&P (BBB+) and Moody's Investors Service (Baa2) reflect the firm's continuing operating discipline, focused strategy of profitable growth and powerful global platform.
"JLL's latest upgrade by S&P recognizes that we continue to perform consistently across all regions and LaSalle while successfully growing our recurring revenue sources and retaining a strong balance sheet," said Christie Kelly, Chief Financial Officer of JLL. "We remain dedicated to investing for the benefit of our clients, employees and shareholders; driving growth and productivity; and maintaining strong financial discipline."
For more information on JLL's financial performance visit the Investor Relations site: http://www.jll.com/investor-relations.