London, 18 March 2014 -- Moody's Investors Service has today placed the B2 Corporate Family Rating (CFR) and the B2-PD Probability of Default Rating (PDR) of Cableuropa S.A.U. ('ONO' or 'the company') as well as the instrument ratings at Nara Cable Funding Limited, Nara Cable Funding II Limited, two special purpose vehicles that have on-lent the funds from the issuance of senior secured notes due 2018 and 2020 to ONO; and ONO Finance II plc, the issuer of senior notes due 2019 under review for upgrade.
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