S&P puts Enjoy on watch

S&P said it placed Enjoy SA’s B- ratings on CreditWatch with negative implications. Last week, Chile’s casino regulator suspending all gaming venues in response to the country’s president 90-day state of emergency proclamation.

“The CreditWatch negative placement reflects the potential for a downgrade of one or more notches over the next few weeks. We expect to resolve the CreditWatch after we assess the severity and duration of the impact of Covid-19 on Enjoy's operations and on its liquidity position and credit metrics,” said S&P in a press release.

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