Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive - S&P Global Ratings’ Credit Research

Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive

Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive - S&P Global Ratings’ Credit Research
Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive
Published Feb 26, 2009
447 words — Published Feb 26, 2009
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Abstract:

NEW YORK (Standard&Poor's) Feb. 26, 2009--Standard&Poor's Ratings Services said today it placed its ratings on Quincy, Mass.-based cable TV provider Atlantic Broadband Finance LLC, including the 'B' corporate credit rating, on CreditWatch with positive implications. This action affects about $669 million of rated debt. "This action follows Atlantic Broadband's improving operating and financial performance over the past few years," said Standard&Poor's credit analyst Naveen Sarma. Over this period, the company has moderated annualized subscriber losses to around 1% from about 4% in 2005, reported continued double-digit high-speed data subscriber growth, and successfully launched telephone services across the majority of its markets. "As a result," added Mr. Sarma, "free cash flow has grown while leverage,

  
Brief Excerpt:

RESEARCH Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive Publication date: 26-Feb-2009 Primary Credit Analyst: Naveen Sarma, New York (1) 212-438-7833; naveen_sarma@standardandpoors.com NEW YORK...

  
Report Type:

Ratings Action

Ticker
239207Z
Issuer
Sector
Global Issuers
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive" Feb 26, 2009. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Atlantic-Broadband-Finance-LLC-B-Corporate-Credit-Rating-On-CreditWatch-Positive-705135>
  
APA:
S&P Global Ratings’ Credit Research. (). Atlantic Broadband Finance LLC 'B' Corporate Credit Rating On CreditWatch Positive Feb 26, 2009. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Atlantic-Broadband-Finance-LLC-B-Corporate-Credit-Rating-On-CreditWatch-Positive-705135>
  
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