MELBOURNE (Standard&Poor's) April 8, 2015--Standard&Poor's Ratings Services said today that it had assigned its 'BB+' rating to Australian and New Zealand telecommunication and infrastructure services provider LS Newco Pty Ltd. The outlook on the rating is stable. At the same time, we assigned 'BB+' ratings to the company's proposed term loan B (TLB) and revolving credit facility (RCF) with recovery ratings of '4H'. "The rating on LS Newco reflects our view of the company's leading position in the niche telecommunication services markets in Australia and New Zealand, good position within the outsourced infrastructure operations and maintenance (O&M) market, and moderately conservative financial policies," Standard&Poor's credit analyst Graeme Ferguson said. "However, the company's small scale
