Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive - S&P Global Ratings’ Credit Research

Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive

Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive - S&P Global Ratings’ Credit Research
Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive
Published Apr 21, 2010
1083 words — Published Apr 21, 2010
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Abstract:

We are equalizing our corporate credit ratings on Live Nation Entertainment and Ticketmaster Entertainment at 'B+'. We are assigning ratings to Live Nation Entertainment's $1.2 billion of senior secured credit facilities and its $250 million of senior notes. The positive rating outlook reflects the company's prospects for realizing potential operating synergies and modest cost savings. NEW YORK (Standard&Poor's) April 21, 2010--Standard&Poor's Ratings Services said today it raised its ratings on Beverly Hills, Calif.-based Live Nation Inc., raising the corporate credit rating to 'B+' from 'B'. At the same time, we lowered our ratings on subsidiary Ticketmaster Entertainment Inc., lowering the corporate credit rating to 'B+' from 'BB'. We removed all ratings from CreditWatch, where they were

  
Brief Excerpt:

RESEARCH Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive Publication date: 21-Apr-2010 Primary Credit Analyst: Hal F Diamond, New York (1) 212-438-7829; harold_diamond@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Movies & Entertainment (25401030)
Sector
Global Issuers
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. "Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive" Apr 21, 2010. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Live-Nation-Entertainment-Inc-And-Ticketmaster-Ratings-Equalized-At-B-Outlook-Positive-792237>
  
APA:
S&P Global Ratings’ Credit Research. (). Live Nation Entertainment Inc. And Ticketmaster Ratings Equalized At 'B+'; Outlook Positive Apr 21, 2010. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Live-Nation-Entertainment-Inc-And-Ticketmaster-Ratings-Equalized-At-B-Outlook-Positive-792237>
  
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