Moody’s changes Evertec view to positive

Moody’s Investors Service said it changed the outlook for Evertec Group LLC to positive from stable. The positive outlook reflects the agency’s estimate that Evertec will keep generating stable revenue and EBITDA in its main market, that it will keep growing organically through mergers and acquisitions in South America and that it will retain a healthy liquidity profile and net leverage, Moody’s said.

The agency affirmed the B2 ratings on the company and its bank facilities. Moody’s also affirmed the B-PD probability of default rating.

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