Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings - S&P Global Ratings’ Credit Research

Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings

Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings - S&P Global Ratings’ Credit Research
Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings
Published Aug 07, 2013
1060 words — Published Aug 07, 2013
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Abstract:

NEW YORK (Standard&Poor's) Aug. 7, 2013--Standard&Poor's Ratings Services said today that Hickory, N.C.-based CommScope Holding Co.'s form S-1 filing relating to a proposed initial public offer (IPO) has no immediate effect on its 'B+' corporate credit rating and stable outlook on CommScope. The form S-1 registration statement is not yet effective and the likelihood and timing of a potential IPO and the ultimate amount and application of IPO proceeds is uncertain at this juncture. Although the company has indicated that it intends to use a share of the potential IPO proceeds to redeem a portion of its $1.5 billion 8.25% senior notes due 2019, the exact amount available for redemption, and what the company's post-IPO capital

  
Brief Excerpt:

RESEARCH Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings Publication date: 07-Aug-2013 Primary Credit Analyst: Alfred Bonfantini, CFA, New York (1) 212-438-7159; alfred.bonfantini@standardandpoors.com...

  
Report Type:

Bulletin

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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings" Aug 07, 2013. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-CommScope-Holding-Co-s-Form-S-1-Filing-Does-Not-Immediately-Affect-Ratings-1175308>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: CommScope Holding Co.'s Form S-1 Filing Does Not Immediately Affect Ratings Aug 07, 2013. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-CommScope-Holding-Co-s-Form-S-1-Filing-Does-Not-Immediately-Affect-Ratings-1175308>
  
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