Moody’s assigns B1 to CCO Holdings bonds

Moody's Investors Service said it assigned a B1 rating to the proposed senior unsecured bonds of CCO Holdings, LLC, a wholly owned subsidiary of Charter Communications Inc.

Charter's Ba3 corporate family rating and stable outlook are unchanged.

The company expects to use proceeds primarily to repurchase a portion of CCO Holdings' 7% senior notes due 2019 and to pay related fees and expenses.

© 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.