NEW YORK (Standard&Poor's) Feb. 22, 2012--Standard&Poor's Ratings Services said today that it assigned its 'B+' issue-level rating and '4' recovery rating to satellite services and equipment provider ViaSat Inc.'s proposed $275 million of new senior notes due 2020. At the same time, we revised our recovery rating on the company's existing senior notes due 2016 to '4' from '3'. The revision reflects the increased amount of unsecured debt due to the proposed new issuance, which leads to recovery expectations for this debt falling to the 30%-50% range from the previous 50%-70% range. ViaSat's 'B+' corporate credit rating remains unchanged. (For the complete recovery analysis, please see the recovery report to be published following this release on
