Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research

Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed

Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research
Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed
Published Nov 28, 2006
546 words — Published Nov 28, 2006
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Abstract:

NEW YORK (Standard&Poor's) Nov. 28, 2006--Standard&Poor's Ratings Services said today it assigned its 'BBB-' rating to cable operator Cox Communications Inc.'s (CCI) $600 million senior unsecured notes due 2016 and $400 million senior unsecured notes due 2036. At the same time, we affirmed the 'BBB-' corporate credit rating and all other ratings on privately-held Atlanta, Ga.-based Cox Enterprises Inc. (CEI), which is the parent company of CCI. The outlook is stable. CCI will use the proceeds from these notes, which are being issued under rule 144A without registration rights, to repay outstanding amounts under its revolving credit facility. "The ratings on CEI and its subsidiaries reflect the company's diversified portfolio of cable TV systems, auto auctions,

  
Brief Excerpt:

RESEARCH Cox Communications Inc.'s $1 Billion Notes Rated '###-'; Other Ratings Affirmed Publication date: 28-Nov-2006 NEW YORK (Standard & Poor's) Nov. 28, 2006--Standard & Poor's Ratings Services said today it assigned its '###-' rating...

  
Report Type:

Ratings Action

Ticker
COX
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed" Nov 28, 2006. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Cox-Communications-Inc-s-1-Billion-Notes-Rated-BBB-Other-Ratings-Affirmed-547922>
  
APA:
S&P Global Ratings’ Credit Research. (). Cox Communications Inc.'s $1 Billion Notes Rated 'BBB-'; Other Ratings Affirmed Nov 28, 2006. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Cox-Communications-Inc-s-1-Billion-Notes-Rated-BBB-Other-Ratings-Affirmed-547922>
  
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