...February 12, 2025 - CommScope Holding Co. Inc. recently received the proceeds from its divestiture of OWN/DAS, which it used to repay its 2026 secured notes. Following this paydown, the company's nearest debt maturity is now in 2027. - S&P Global Ratings also expects CommScope will benefit from improving end-customer demand across all of its segments such that it will boost its credit metrics over the next year. - We raised our issuer credit rating on CommScope to '###+' from '###' and removed all our ratings on the company from CreditWatch, where we placed them with positive implications on Dec. 23, 2024. - At the same time, we raised our issue-level rating on CommScope's secured debt to 'B-' from '###+' and our issue-level rating on its unsecured debt to '###' from '###-'. Our '2' recovery rating on the company's secured debt and '5' recovery rating on its unsecured debt are unchanged. - We also assigned our 'B-' issue-level rating and '2' recovery rating to CommScope's new $3.15 billion...
