| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for AirGate PCS Inc. > News item |
Moody's lifts Alamosa, AirGate notes from junk
Moody's Investors Service said it upgraded Alamosa (Delaware), Inc.'s $250 million 8½% senior unsecured notes due 2012 and $250.6 million 11% senior unsecured notes due 2010 to Baa3 from Caa1 and AirGate PCS, Inc.'s $175 million first-priority senior secured floating-rate notes due 2011 to Baa3 from B2.
The outlook is stable.
The agency said the upgrade follows the issuance of unconditional and irrevocable guarantees of the notes on a senior unsecured basis by Sprint Nextel Corp. This concludes the review begun on Nov. 22, 2005.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.