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Published on 12/17/2018 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

S&P lifts Cable & Wireless view to stable

S&P said it revised the outlook on Cable & Wireless Communications Ltd. to stable from negative.

The agency also said it affirmed the BB- and B issuer credit ratings on the company.

S&P also said it affirmed the ratings on the company's subsidiaries.

The agency also said it affirmed the BB- and B issuer credit ratings on Cable & Wireless Ltd.

The outlook revision reflects the company's successful recovery following the impact of Hurricanes Irma and Maria in 2017, S&P said.

The company already restored all of its mobile services in the affected markets and almost all of its fixed services on those jurisdictions, the agency said.


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