Windstream Holdings Aktie
WKN DE: A1W4XQ / ISIN: US97382A1016
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29.07.2014 19:28:00
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Windstream Corporation -- Moody's affirms Windstream's Ba3 CFR following REIT asset spin off
New York, July 29, 2014 -- Moody's Investors Service ("Moody's") has affirmed the ratings of Windstream Corporation ("Windstream" or the "company") including its Ba3 Corporate Family Rating ("CFR"), Ba3-PD Probability of Default Rating ("PDR"), SGL-3 Speculative Grade Liquidity ("SGL") and all rated debt following the company's announcement that it plans to spin off certain telecommunications network assets into a publicly traded real estate investment trust (REIT) through a tax free distribution to shareholders and continue its communications business under the existing entity. The outlook remains stable.
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