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Bulletin: Atlantic Broadband Finance LLC Ratings Not Affected By Its Acquisition By Cogeco

Published Dec 05, 2012

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Abstract:

SAN FRANCISCO (Standard&Poor's) Dec. 5, 2012--Standard&Poor's Ratings Services said today that its 'B+' corporate credit rating on Quincy, Mass.-based cable-TV provider Atlantic Broadband Finance LLC remains on CreditWatch with positive implications following the Nov. 30, 2012, acquisition of the company by Montreal-based cable operator Cogeco Cable Inc. (BB+/Stable/--). We view Atlantic Broadband's stand-alone credit profile as `b+'. The key consideration for a potential upgrade of the corporate credit rating on Atlantic Broadband will be our assessment of the strategic, longer term importance of Atlantic Broadband to Cogeco.

Report Type:

Bulletin

Ticker

239207Z

Issuer

Cogeco US Finance, LLC

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

Atlantic Broadband 'BB+' Senior Secured Debt Rating Placed On Watch Negative – 2012/12/21 – US$ 150.00

Atlantic Broadband CCR Raised To 'BB-' From 'B+'; Secured Debt Lowered To 'BB' From 'BB+' – 2013/01/25 – US$ 150.00

Research Update: Atlantic Broadband CCR Raised To 'BB-' From 'B+'; Secured Debt Lowered To 'BB' From 'BB+' – 2013/01/25 – US$ 225.00

Summary: Atlantic Broadband Finance LLC – 2014/04/01 – US$ 225.00

Atlantic Broadband Finance LLC 'BB-' Corporate Credit Rating Affirmed On Improved Credit Metrics; Outlook Stable – 2015/03/27 – US$ 150.00

Summary: Atlantic Broadband Finance LLC – 2012/10/18 – US$ 225.00

Atlantic Broadband Finance LLC Proposed Debt Rated 'BB+'; Company To Be Upgraded To 'BB' On Acquisition – 2012/08/29 – US$ 150.00

Atlantic Broadband Finance LLC 'B+' Rating Placed On CreditWatch Postive On Announced Deal To Be Acquired By Cogeco – 2012/07/20 – US$ 150.00

Research Update: Atlantic Broadband Finance LLC 'B+' Rating Placed On CreditWatch Postive On Announced Deal To Be Acquired By Cogeco – 2012/07/20 – US$ 225.00

Bulletin: Atlantic Broadband Finance LLC Unaffected By Reports On Possible Sale Of The Company – 2012/06/01 – Free

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MLA:	S&P Global Ratings’ Credit Research. "Bulletin: Atlantic Broadband Finance LLC Ratings Not Affected By Its Acquisition By Cogeco" Dec 05, 2012. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Atlantic-Broadband-Finance-LLC-Ratings-Not-Affected-By-Its-Acquisition-By-Cogeco-1045444>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: Atlantic Broadband Finance LLC Ratings Not Affected By Its Acquisition By Cogeco Dec 05, 2012. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Atlantic-Broadband-Finance-LLC-Ratings-Not-Affected-By-Its-Acquisition-By-Cogeco-1045444>

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