Moody's gives Tyrol B2

Moody's Investors Service said it assigned a definitive B2 corporate family rating and a B2 probability of default rating to Tyrol Acquisition 1 SAS, a parent company for the TDF group.

The outlook is stable.

According to the agency, this rating action follows the successful completion of TDF's bank debt amendment and extension process, which required consent from lenders with about 67% of the facilities commitments, on July 22.

Moody's noted that the B2 corporate family rating reflects the company's leading position as an incumbent broadcasting infrastructure provider in France and Germany.

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