...NEW YORK (S&P Global Ratings) Oct. 11, 2016--S&P Global Ratings today said that its ratings are unchanged on Hickory, N.C.-based global telecommunications infrastructure solutions provider CommScope Holding Co. Inc. (##-/Stable/--) following the company's announcement of plans to reprice its senior secured term loan due 2022. In addition to the corporate credit rating, the unchanged ratings include our '##' issue-level and '2' recovery ratings on its senior secured debt, and our 'B' issue-level and '6' recovery ratings on its unsecured debt. The '##-' corporate credit rating reflects our view of leverage in the mid-4x area as of the second quarter, and cyclical wireless carrier demand and connectivity investment spending, partly offset by the company's leading market positions, its commitment to debt repayment until leverage is 3x or less, and our expectation for unadjusted free operating cash flow around $500 million in 2016. For the full corporate credit rating rationale, see our report...
