Fitch changes GTT view to negative

Fitch Ratings said it changed the outlook to negative from stable for GTT Communications, Inc. and GTT Communications, BV.

“The negative outlook reflects the uncertainty regarding the company's ability to grow revenues due to the timing and the extent to which GTT will have access to clients' premises to perform installations in the current environment as the coronavirus pandemic has forced most people to work from home around the globe,” Fitch said in a press release.

Fitch affirmed the companies’ issuer ratings at B-. The agency also affirmed the senior secured revolving credit facility and the secured term loan at B/RR3 and the unsecured notes at CCC/RR6.

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