Home Credit Ratings and Research S&P Global Ratings’ Credit Research Nexstar Media Group Inc.

Research Update: Nexstar 'B' Rating Remains On Watch Negative As Shareholder-Maximizing Considerations Continue

Published Feb 14, 2012

About This Report

Abstract:

U.S. TV broadcaster Nexstar is continuing to explore strategic alternatives to maximize shareholder value, which could include a sale of the company. Our 'B' rating on the company remains on CreditWatch, where it was initially placed with negative implications on July 29, 2011. The negative CreditWatch implications reflect the possibility of a downgrade if resolution of the company's exploration of strategic alternatives results in a weakening of its financial risk profile. On Feb. 14, 2012, Standard&Poor's Ratings Services said that its 'B' corporate credit rating on Nexstar Broadcasting Group Inc., along with all related issue-level ratings on the company's debt, remains on CreditWatch, where it was initially placed with negative implications July 29, 2011. The continuing CreditWatch listing

Report Type:

Research Update

Ticker

NXST

Issuer

Nexstar Media Group Inc.

Sector

Global Issuers

Country

United States

Region

United States

Format:

HTML

Nexstar Broadcasting Group Inc. Ratings Remain On CreditWatch As It Explores Ways To Enhance Shareholder Value – 2012/05/15 – US$ 150.00

Research Update: Nexstar Broadcasting Group Inc. Ratings Remain On CreditWatch As It Explores Ways To Enhance Shareholder Value – 2012/05/15 – US$ 225.00

Nexstar Broadcasting Group Inc. 'B' Rating Affirmed On 12-Station Acquisition; Off CreditWatch – 2012/07/19 – US$ 150.00

Research Update: Nexstar Broadcasting Group Inc. 'B' Rating Affirmed On 12-Station Acquisition; Off CreditWatch – 2012/07/19 – US$ 225.00

Nexstar Broadcasting Group Inc. 'B' Senior Secured Second-Lien Rating On CreditWatch With Developing Implications – 2012/07/25 – US$ 150.00

Nexstar 'B' Rating Remains On Watch Negative As Shareholder-Maximizing Considerations Continue – 2012/02/14 – US$ 150.00

Nexstar 'B' Rating Still On Watch Negative As Shareholder-Maximizing Considerations Continue – 2011/11/22 – US$ 150.00

Research Update: Nexstar 'B' Rating Still On Watch Negative As Shareholder-Maximizing Considerations Continue – 2011/11/22 – US$ 225.00

Nexstar Broadcasting Group Inc. – 2011/09/26 – US$ 500.00

Summary: Nexstar Broadcasting Group Inc. – 2011/09/26 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Research Update: Nexstar 'B' Rating Remains On Watch Negative As Shareholder-Maximizing Considerations Continue" Feb 14, 2012. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Nexstar-B-Rating-Remains-On-Watch-Negative-As-Shareholder-Maximizing-Considerations-Continue-937475>

APA:	S&P Global Ratings’ Credit Research. (). Research Update: Nexstar 'B' Rating Remains On Watch Negative As Shareholder-Maximizing Considerations Continue Feb 14, 2012. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Nexstar-B-Rating-Remains-On-Watch-Negative-As-Shareholder-Maximizing-Considerations-Continue-937475>

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