S&P affirms Alorica

S&P said it affirmed all of its ratings on Alorica Inc., including the B+ issuer credit rating. The outlook remains negative.

“The affirmation reflects the revision of our liquidity assessment on Alorica to adequate from less than adequate following the company's amendment to loosen the covenants which increases headroom significantly to both the step down schedule and the levels,” S&P said in a news release.

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