U.S.-based exclusive Verizon retailer Go Wireless Holdings Inc. has reported improving profitability during recent quarters because many government restrictions implemented during the pandemic have been lifted. We expect the company's performance trends will continue, with credit metrics at levels that we consider appropriate for the current rating. As a result, we revised the outlook to stable from negative and affirmed all of our ratings on Go Wireless, including our 'B' issuer credit rating on the company. The stable outlook reflects our view that meaningful threats posed by the pandemic to Go Wireless' sales and to its liquidity have subsided, allowing for sufficient covenant headroom and adjusted leverage at about the mid-4x area on a sustained basis. Before the pandemic, Go
