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Moody's rates WideOpenWest SGL-2
Moody's Investors Service said it assigned an SGL-2 speculative grade liquidity rating to WideOpenWest Finance, LLC, reflective of the company's good liquidity.
The company's B2 corporate family rating and stable outlook are unchanged.
Moody's said the $200 million revolver supports good liquidity for WideOpenWest. Moody's forecasts good cushion under the facility's one covenant, a maximum net secured leverage test, and does not believe this covenant will preclude draw of the full $200 million.
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