Young Broadcasting Inc. http://www.alacrastore.com/company-snapshot/Young_Broadcasting_Inc-1085202 28 Nov 2009 08:47:27 EST 1085202 Young Broadcasting Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Young_Broadcasting_Inc-749443749443spcred/749443normglobalstructured30 Sep 2009 06:27:00 EST175SummaryThe latest Summary from S&PUnited StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceSummaryUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVASUMMARYCDOCORPGLOBISSLEVFINMediaSTRUCCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/707225spcred/707225norm707225The latest Full Report from S&Pstructured06 Mar 2009 01:56:00 EST400Full ReportUnited StatesBroadcasting & Cable TVUnited StatesCollateralized Debt ObligationsCorporationsGlobal IssuersStructured FinanceMedia & EntertainmentFull ReportUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVAFULLGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/707230spcred/707230norm707230The latest Summary from S&Pstructured06 Mar 2009 01:56:00 EST175SummaryUnited StatesBroadcasting & Cable TVUnited StatesCollateralized Debt ObligationsCorporationsGlobal IssuersStructured FinanceMedia & EntertainmentSummaryUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVASUMMARYGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_173083_803650moodys/PR_173083_803650htmlPR_173083_803650Global Credit Research Rating Action ## FEB #### Rating Action: Young Broadcasting Inc. Moody's Downgrades Young's PDR to D Approximately $### million of rated debt affected New York, February ##, #### -- Moody's Investors Service...18 Feb 2009 06:18:01 ESThtmlYoung Broadcasting Inc.Young Broadcasting Inc.803650150.0000NewsRating ActionCredit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/703031spcred/703031norm703031The latest News from S&Pstructured17 Feb 2009 07:17:26 EST100NewsUnited StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Feb. 17, 2009--Standard&Poor's Ratings Services said today that it lowered its issue-level rating on New York, N.Y.-based Young Broadcasting Inc.'s 10% senior subordinated notes due 2011 to 'D' from 'C'. The recovery rating on this debt issue remains unchanged at '6', indicating our expectation of negligible (0%-10%) recovery for debtholders in a payment default. As of Sept. 30, 2008, the company had debt of about $825 million. The rating downgrade reflects the company's announcement that it has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. "We lowered our corporate credit rating for Young to 'D' on Jan. 20, 2009, after the company missed an interest payment on itsUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVANEWSGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/703032spcred/703032norm703032The latest Research Update from S&Pstructured17 Feb 2009 07:17:26 EST175Research UpdateUnited StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMedia & EntertainmentResearch UpdateOn Feb. 17, 2009, Standard&Poor's Ratings Services said that it lowered its issue-level rating on New York, N.Y.-based Young Broadcasting Inc.'s 10% senior subordinated notes due 2011 to 'D' from 'C'. The recovery rating on this debt issue remains unchanged at '6', indicating our expectation of negligible (0%-10%) recovery for debtholders in a payment default. (For the complete recovery analysis, see Standard&Poor's recovery report on Young, to be published on RatingsDirect immediately following this research update.) As of Sept. 30, 2008, the company had debt of about $825 million. The rating downgrade reflects the company's announcement that it has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. We lowered our corporateUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVARESUPDGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/701792spcred/701792norm701792The latest News from S&Pstructured10 Feb 2009 06:39:43 EST100NewsUnited StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Feb. 10, 2009--Standard&Poor's Ratings Services today lowered its issue-level rating on New York City-based Young Broadcasting Inc.'s senior secured credit facilities to 'D' from 'CC'. The recovery rating on this debt remains unchanged at '2', indicating our expectation of substantial (70% to 90%) recovery for lenders in the event of a payment default. (For the complete recovery analysis, see Standard&Poor's recovery report on Young, to be published on RatingsDirect immediately following the release of this report.) The rating downgrade reflects the company's announcement that it did not make its $4.5 million interest payment on Feb. 6, 2009, for its senior secured term loan B due 2012. Although the indenture for theseUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVANEWSGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/701714spcred/701714norm701714The latest Research Update from S&Pstructured10 Feb 2009 03:56:38 EST175Research UpdateUnited StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMedia & EntertainmentResearch UpdateOn Jan. 20, 2009, Standard&Poor's Ratings Services lowered its corporate credit rating on New York City-based Young Broadcasting Inc. to 'D' from 'CCC', and the issue-level rating on the company's 8.75% senior subordinated notes due 2014 to 'D' from 'CC'. We also lowered the issue-level rating on the company's senior secured revolving credit facility due 2010 and senior secured term loan B due 2012 to 'CC' from 'B-'. At the same time, we revised the recovery rating on this debt to '2', indicating our expectation of substantial (70% to 90%) recovery for lenders in the event of a payment default, from '1'. In addition, we lowered the issue-level rating on Young's 10% senior subordinated notes due 2011 toUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVARESUPDGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_803650moodys/COP_803650htmlGlobal Credit Research Credit Opinion ## JAN #### Credit Opinion: Young Broadcasting Inc. Young Broadcasting Inc. New York, New York, United States Ratings Category Moody's Rating Outlook Rating(s) Under Review Corporate Family Rating...21 Jan 2009 05:49:55 ESThtmlYoung Broadcasting Inc.Young Broadcasting Inc.803650150.0000NewsCredit OpinionCOP_803650Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/697195spcred/697195normThe latest News from S&Pglobalstructured20 Jan 2009 06:48:00 EST100News697195United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Jan. 20, 2009--Standard&Poor's Ratings Services today lowered its corporate credit rating on New York City-based Young Broadcasting Inc. to 'D' from 'CCC', and the issue-level rating on the company's 8.75% senior subordinated notes due 2014 to 'D' from 'CC'. We also lowered the issue-level rating on the company's senior secured revolving credit facility due 2010 and senior secured term loan B due 2012 to 'CC' from 'B-'. At the same time, we revised the recovery rating on this debt to '2', indicating our expectation of substantial (70% to 90%) recovery for lenders in the event of a payment default, from '1'. In addition, we lowered the issue-level rating on Young's 10% senior subordinatedUSA98743498743525401020 254010 2540 25Young Broadcasting Inc.129892USAYBTVANEWSGLOBISSSTRUCCORPLEVFINCDOMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_170981_803650moodys/PR_170981_803650htmlGlobal Credit Research Rating Action ## JAN #### Rating Action: Young Broadcasting Inc. Moody's Lowers Young's CFR to Ca; reviews for further downgrade Approximately $### million of rated debt affected New York, January ##, #### --...17 Jan 2009 01:28:14 ESThtmlYoung Broadcasting Inc.Young Broadcasting Inc.803650150.0000NewsRating ActionPR_170981_803650Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/srp/2793627936srp/27936norm2793698743410706 Oct 2006 12:22:00 ESTYoung_Broadcasting_Inc_YBTVQ_Defense_Analytics_Profile.pdfYBTVQ...(#) Percentages are based upon the number of eligible and active companies in the SharkRepellent.net database. For the Poison Pill In Force calculation by index, non-US companies are included. (#) Supermajority vote requirement (e.g., ##.##%, ##%, ##%) for shareholders to amend/repeal at least one charter or bylaw provision. (#) SIC Group is defined as the first two digits of this company's primary SIC code (##: Communications). There are ### eligible and active companies in the SharkRepellent.net database in this SIC group. (#) The FactSet Bullet Proof Rating is a weighted average index comprised of significant components that impact takeover defenses. The rating scale is from # to ## with a ## representing the most formidable defenses. The rating system is a relative measurement and is not intended to measure the probability of a successful defense.... Credit & Investment ResearchSharkRepellent.net