DIRECTV Holdings LLC -- Moody's assigns Baa2 ratings to DIRECTV Holdings' new notes

New York, January 10, 2013 -- Moody's Investors Service assigned Baa2 ratings to DIRECTV Holdings LLC's (DTV Holdings) new$750 million 5-year senior unsecured notes. The new issues will rank pari passu with DTV Holdings' existing senior unsecured debt. The notes are expected to have upstream guarantees from substantially all of DTV Holdings' subsidiaries and a downstream guarantee from the parent, DIRECTV, like the company's other senior unsecured indebtedness. The net proceeds from this offering will be used for general corporate purposes, which may include the repayment or refinancing of debt, potential acquisitions and share repurchases. The rating outlook is stable.

Vollständigen Artikel bei Moodys lesen