KIO Networks And Its Proposed $600 Million Senior Unsecured Notes Rated Preliminary 'BB-', Outlook Stable

Mexican data center, KIO Networks, plans to issue up to $600 million senior unsecured notes. We are assigning our preliminary 'BB-' corporate credit rating We are also assigning our preliminary 'BB-' issue-level rating and a '4' recovery rating to the company's proposed notes due 2021. The stable outlook reflects our belief that the company will benefit from a favorable growth prospects for data center outsourcing in the region. MEXICO CITY (Standard&Poor's) Oct. 23, 2014--Standard&Poor's Ratings Services assigned its preliminary 'BB-' corporate credit rating to Sixsigma Networks México, S.A. de C.V. (KIO Networks). The outlook is stable. The preliminary rating is subject to the successful medium- or long-term financing and completion of the acquisition of redIT (not

...+ Mexican data center, KIO Networks, plans to issue up to $600 million senior unsecured notes. + We are assigning our preliminary '##-' corporate credit rating We are also assigning our preliminary '##-' issue-level rating and a '4' recovery rating to the company's proposed notes due 2021. + The stable outlook reflects our belief that the company will benefit from a favorable growth prospects for data center outsourcing in the region. MEXICO CITY (Standard & Poor's) Oct. 23, 2014--Standard & Poor's Ratings Services assigned its preliminary '##-' corporate credit rating to Sixsigma Networks MTxico, S.A. de C.V. (KIO Networks). The outlook is stable. The preliminary rating is subject to the successful medium- or long-term financing and completion of the acquisition of redIT (not rated). We also assigned our preliminary '##- ' issue-level rating to the company's up to $600 million in proposed senior unsecured notes due 2021. The '4' recovery rating on this debt indicates our expectation for...

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