S&P changes EVO Payments view to negative

S&P said it revised the outlook for EVO Payments International to negative from stable.

“The negative outlook reflects the risk that sluggish consumer spending from gradual easing on social distancing across the globe could continue to pressure EVO's operational performance over the next 12 months, causing leverage to remain elevated before a significant recovery,” said S&P in a press release.

The agency affirmed all its ratings for EVO, the B issuer rating.

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