NEW YORK (S&P Global Ratings) June 17, 2020-- S&P Global Ratings said today that the credit measures of U.S. manned security services provider Allied Universal will be resilient during the current economic downturn. While the leisure, travel, and retail segments are likely to be heavily impacted, there could be an increase in the health care and office buildings segments, as its customers put in place safety protocols ahead of the return to work. We believe the expected decline of existing billable hours will likely be offset by increased billing rates through the sell-through of value-added services to stop the spread of the coronavirus in public spaces, such as temperature checks and crowd control. Accordingly, Allied is looking to increase the
