Virgin Media's 4.97 bln stg senior term loan B rating affirmed 'BB-' - S&P |
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Published
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Thu, 22 Mar 2007 10:22 |
LONDON (AFX) - Standard & Poor's Ratings Services said it has affirmed its 'BB-' senior secured debt rating and '1' recovery rating on Virgin Media Investment Holdings Ltd's 4.975 bln stg senior secured facilities.S&P said the '1' recovery rating reflects its expectations of full recovery of the principal amount in the event of a payment default.S&P said the 'BB-' loan rating is one notch above the corporate credit rating on Virgin Media.newsdesk@afxnews.comsmi/raCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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