Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative - S&P Global Ratings’ Credit Research

Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative

Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative - S&P Global Ratings’ Credit Research
Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative
Published Dec 10, 2008
780 words — Published Dec 10, 2008
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About This Report

  
Abstract:

CHICAGO (Standard&Poor's) Dec. 10, 2008--Standard&Poor's Ratings Services affirmed its ratings on Englewood, Colo.-based Liberty Media Corp., including the 'BB+' corporate credit rating and removed them from CreditWatch, where they were placed with negative implications, on Sept. 4, 2008. The rating outlook is negative. The previous CreditWatch listing was prompted by Liberty Media's plan to distribute businesses and assets attributed to Liberty Entertainment to existing tracking stock holders. Liberty Entertainment is the tracking stock issued by Liberty Media to mirror the performance of its interest in DIRECTV Group Inc. and Starz Entertainment LLC. Subsequently, Liberty Media announced that the split-off of Liberty Entertainment is being postponed due to adverse conditions in the stock and credit markets. Standard

  
Brief Excerpt:

RESEARCH Liberty Media Corp. '##+' Rating Affirmed And Off CreditWatch; Outlook Negative Publication date: 10-Dec-2008 Primary Credit Analyst: Andy Liu, CFA, Chicago (1) 312-233-7052; andy_liu@standardandpoors.com Secondary Credit...

  
Report Type:

Ratings Action

Ticker
L
Issuer
Liberty Media Corp.
GICS
Movies & Entertainment (25401030)
Sector
Collateralized Debt Obligations , Corporations , Global Issuers , Media & Entertainment , Structured Finance , Telecommunications & Cable
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative" Dec 10, 2008. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Liberty-Media-Corp-BB-Rating-Affirmed-And-Off-CreditWatch-Outlook-Negative-689098>
  
APA:
S&P Global Ratings’ Credit Research. (). Liberty Media Corp. 'BB+' Rating Affirmed And Off CreditWatch; Outlook Negative Dec 10, 2008. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Liberty-Media-Corp-BB-Rating-Affirmed-And-Off-CreditWatch-Outlook-Negative-689098>
  
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