NEW YORK (Standard&Poor's) Oct. 20, 2009--Standard&Poor's Ratings Services said today that the ratings and outlook on Carlsbad, Calif.-based communications networking systems provider ViaSat Inc. (B/Stable/--) are not affected by the recent upsizing of the company's note issue to $275 million from $250 million. The 'B' issue-level and '3' recovery ratings are likewise not affected. Upsizing the issue by $25 million provides the company only modest improvement in liquidity, given the substantial cash requirements associated with its planned satellite launch and pending acquisition of WildBlue Holding Inc., and, given the relatively small amount of additional debt, the recovery rating remains unchanged.
