Home Credit Ratings and Research S&P Global Ratings’ Credit Research U.S. TelePacific Holdings Corp.

Research Update: U.S. TelePacific Holdings Corp. Assigned 'B-' Corporate Credit Rating With Stable Outlook

Published Jul 14, 2006

1379 words — Published Jul 14, 2006

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

On July 14, 2006, Standard&Poor's Ratings Services assigned its 'B-' corporate credit rating to U.S. TelePacific Holdings Corp. (TelePacific), a Los Angeles-based competitive local exchange carrier (CLEC). The outlook is stable. In addition, we assigned a 'B-' rating to wholly owned U.S. TelePacific Corp.'s proposed $175 million first-lien term loan and $30 million revolver. The recovery rating for the first-lien facility is '5', suggesting negligible (0%-25%) recovery in the event of payment default or bankruptcy. TelePacific is also obtaining a $100 million second-lien term loan, which is not rated. The bank loan rating is based on preliminary documentation, subject to receipt of final information. (For the complete recovery analysis, see "Recovery Report: U.S. TelePacific Corp.'s $205 Million Secured

Brief Excerpt:

RESEARCH Research Update: U.S. TelePacific Holdings Corp. Assigned 'B-' Corporate Credit Rating With Stable Outlook Publication date: 14-Jul-2006 Credit Rating: B-/Stable/-- Rationale On July 14, 2006, Standard & Poor's Ratings Services...

Report Type:

Research Update

Issuer

U.S. TelePacific Holdings Corp.

Sector

Corporations, Global Issuers, High Technology, Telecommunications & Cable

Country

United States

Region

United States

Format:

HTML

Summary: U.S. TelePacific Holdings Corp. – 2006/11/28 – US$ 225.00

Summary: U.S. TelePacific Holdings Corp. – 2007/07/10 – US$ 225.00

U.S. TelePacific Holdings Outlook Revised To Positive From Stable On Improved Result – 2007/08/21 – US$ 150.00

Research Update: U.S. TelePacific Holdings Corp. Outlook Revised To Positive On Improved Performance – 2007/08/21 – US$ 225.00

U.S. TelePacific Holdings Corp. Outlook Revised To Negative On Weaker Operating Trends – 2008/01/16 – US$ 150.00

U.S. TelePacific Holdings Corp. Assigned 'B-' Corporate Credit Rating; Outlook Stable – 2006/07/14 – US$ 150.00

More from S&P Global Ratings’ Credit Research

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: U.S. TelePacific Holdings Corp. Assigned 'B-' Corporate Credit Rating With Stable Outlook" Jul 14, 2006. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-U-S-TelePacific-Holdings-Corp-Assigned-B-Corporate-Credit-Rating-With-Stable-Outlook-520753>

APA:	S&P Global Ratings’ Credit Research. (). Research Update: U.S. TelePacific Holdings Corp. Assigned 'B-' Corporate Credit Rating With Stable Outlook Jul 14, 2006. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-U-S-TelePacific-Holdings-Corp-Assigned-B-Corporate-Credit-Rating-With-Stable-Outlook-520753>

US$ 225.00

$ £ €

Have a Question?

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

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.