| Title: | Recovery Report: Dex Media West's Recovery Rating Profile |
| Price: | $175.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | Commentary |
| Abstract: | On May 8, 2008, Standard&Poor's Ratings Services lowered the issue-level rating on Dex Media West LLC's senior secured credit facilities to 'BB' (two notches higher than the 'B+' corporate credit rating on the company) from 'BB+'. The recovery rating on these loans remains unchanged at '1', indicating that lenders can expect very high (90% to 100%) recovery in the event of a payment default. The issue-level rating on the company's senior unsecured debt was affirmed at 'BB-' (one notch higher than the corporate credit rating). The recovery rating on these securities was revised to '2', indicating that lenders can expect substantial (70% to 90%) recovery in the event of a payment default, from '3'. The issue-level rating on |
| Brief Excerpt: | RESEARCH Ratings Definitions Recovery Report: Dex Media West's Recovery Rating Profile Publication date: ##-May-#### Primary Credit Analyst: Emile Courtney, CFA, New York (#) ###-###-####; emile_courtney@standardandpoors.com Recovery... |
| Word Count: | 1452 |
| Sector: | Global Issuers, Structured Finance, Corporations, Asset-Backed Securities, Media & Entertainment |
| Format: | 
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