Comcast Aktie
WKN: 157484 / ISIN: US20030N1019
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17.07.2013 20:59:00
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Midcontinent Communications -- Moody's affirms Midcontinent's B1 CFR, assigns B3 to proposed bonds and Ba3 to proposed credit facility
New York, July 17, 2013 -- Moody's Investors Service affirmed the B1 corporate family rating of Midcontinent Communications (Midcontinent), assigned a Ba3 rating to its proposed first lien credit facility, and a B3 rating to its proposed senior unsecured bonds. The company plans to use proceeds, consisting of $350 million of first lien term loans and $250 million of bonds, to refinance existing debt. The transaction includes a proposed $125 million revolver, which is expected to be undrawn at close. Moody's maintained the stable outlook.
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