S&P changes Donnelley Financial view to stable

S&P said it revised the outlook for Donnelley Financial Solutions Inc. to stable from negative and affirmed the company’s B+ issuer rating.

“The stable outlook reflects our expectation that the company would be able to maintain healthy credit metrics and good covenant cushion amid volatile capital market transaction volumes due to the coronavirus pandemic. DFIN benefitted from significant and unexpected capital market activity in the second quarter spurred by fiscal and monetary policy measures to fend off the economic effects of the Covid-19 pandemic,” S&P said in a press release.

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