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Moody's assigns VMED O2 Ba3
Moody's Investors Service said it assigned a new Ba3 corporate family rating and a new Ba3-PD probability of default rating to VMED O2 UK Holdings Ltd., the new reporting entity for the VMED O2 consolidated group.
Concurrently, Moody's withdrew the Ba3 CFR and Ba3-PD PDR and stable outlook on VMED O2 UK Ltd., the former reporting entity for the VMED O2 consolidated group. Moody's said it withdrew the rating for reorganization reasons.
The outlook is stable.
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