...April 13, 2020 - We expect the economic impact of COVID-19 to result in reduced walk-in transaction volume, rising consumer credit risk on online transactions, and challenging operating conditions for MoneyGram International. - We are therefore revising our outlook on MoneyGram International to negative from stable. - We are affirming our 'B' long-term issuer credit rating on the company, as well as our 'B' rating on its $645 million first-lien credit facility due 2023 and our '###+' rating on the $245 million second-lien credit facility due 2024. - The negative outlook reflects our expectations of challenging operating conditions due to COVID-19, debt-to-adjusted EBITDA leverage of over 6.5x, and EBITDA interest coverage of 1.5x-2.0x. NEW YORK (S&P Global Ratings) April 13, 2020--S&P Global Ratings said today it revised its outlook on MoneyGram International Inc. to negative from stable. We also affirmed our 'B' long-term issuer credit rating on the company. At the same time, we affirmed...
