Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable - S&P Global Ratings’ Credit Research

Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable

Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable - S&P Global Ratings’ Credit Research
Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable
Published Oct 31, 2016
Published Oct 31, 2016
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Mexico-based data center operator, Sixsigma Networks Mexico (KIO Networks), continues to expand its client base in the private and public sectors, which has improved its key financial ratios. We're affirming our 'B+' corporate and issuer credit rating on KIO Networks and maintaining our '4L' recovery rating on the company's senior unsecured notes. The stable outlook reflects our view that the company will continue to benefit from increased demand for data center capacity in the markets in which it operates, resulting in steady capacity utilization rates and strong growth in revenue and EBITDA. KIO Networks will maintain its adjusted debt to EBITDA above 5.0x for the next 12 months. On Oct. 31, 2016, S&P Global Ratings affirmed its 'B+' ratings on

  
Report Type:

Research Update

Issuer
GICS
Internet Software & Services (45101010)
Sector
Global Issuers
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable" Oct 31, 2016. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sixsigma-Networks-Mexico-B-Ratings-Affirmed-Outlook-Remains-Stable-1747834>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Sixsigma Networks Mexico 'B+' Ratings Affirmed, Outlook Remains Stable Oct 31, 2016. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sixsigma-Networks-Mexico-B-Ratings-Affirmed-Outlook-Remains-Stable-1747834>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.