ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed - S&P Global Ratings’ Credit Research

ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed

ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed - S&P Global Ratings’ Credit Research
ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed
Published Feb 11, 2016
3 pages (1248 words) — Published Feb 11, 2016
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Abstract:

U.S. satellite services and equipment provider ViaSat Inc.'s operating performance for the first nine months of fiscal 2016 has been good relative to our base-case expectations. At the same time, the company has announced a series of positive developments regarding its long-term strategy that provide greater clarity about its future capital investments. We are affirming our 'B+' corporate credit rating on ViaSat and revising the rating outlook to positive. The positive outlook reflects the possibility of an upgrade over the next 12 months if good operating performance continues and the company is able to execute on its long-term strategy while maintaining adjusted leverage below 4.5x. NEW YORK (Standard&Poor's) Feb. 11, 2016--Standard&Poor's Ratings Services today said it

  
Brief Excerpt:

...+ U.S. satellite services and equipment provider ViaSat Inc.'s operating performance for the first nine months of fiscal 2016 has been good relative to our base-case expectations. At the same time, the company has announced a series of positive developments regarding its long-term strategy that provide greater clarity about its future capital investments. + We are affirming our 'B+' corporate credit rating on ViaSat and revising the rating outlook to positive. + The positive outlook reflects the possibility of an upgrade over the next 12 months if good operating performance continues and the company is able to execute on its long-term strategy while maintaining adjusted leverage below 4.5x. NEW YORK (Standard & Poor's) Feb. 11, 2016--Standard & Poor's Ratings Services today said it affirmed its 'B+' corporate credit rating on Carlsbad, Calif.-based ViaSat Inc., and revised the rating outlook to positive from stable. "The outlook revision reflects the company's good revenue and EBITDA growth...

  
Report Type:

Ratings Action

Issuer
GICS
Communications Equipment (45201020)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed" Feb 11, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/ViaSat-Inc-Outlook-Revised-To-Positive-From-Stable-B-Rating-Affirmed-1577263>
  
APA:
S&P Global Ratings’ Credit Research. (). ViaSat Inc. Outlook Revised To Positive From Stable; 'B+' Rating Affirmed Feb 11, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/ViaSat-Inc-Outlook-Revised-To-Positive-From-Stable-B-Rating-Affirmed-1577263>
  
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