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Published on 7/15/2013 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

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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