...+ U.S. local TV broadcaster Nexstar Media Group Inc. has successfully integrated the assets it acquired from Media General Inc. and realized expected synergies. + We are affirming all of our ratings, including our '##-' corporate credit rating, on Nexstar. + The stable rating outlook reflects our expectation that Nexstar will continue to increase it cash flow and reduce debt to average trailing-eight-quarter EBITDA to the high-4x area in 2018 due to healthy revenue growth and a balanced financial policy. CHICAGO (S&P Global Ratings) March 26, 2018--S&P Global Ratings today affirmed its '##-' corporate credit rating on Nexstar Media Group Inc. The rating outlook is stable. At the same time, we affirmed our '##+' issue-level ratings on the company's secured revolving credit facility and first-lien term loans. The '1' recovery ratings are unchanged, indicating our expectation for very high recovery of principal (90%-100%; rounded estimate: 95%) in the event of a payment default. We also affirmed...
