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27.09.2013 20:18:00
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Gannett Co., Inc. -- Moody's says $250 million upsize of Gannett's sr notes has no immediate impact on ratings
New York, September 27, 2013 -- Moody's Investors Service ("Moody's") says that the $250 million increase in Gannett, Co., Inc.'s ("Gannett") senior notes offering to $1.25 billion from $1 billion has no immediate impact on ratings of the company. Proceeds from the offering being upsized will be used to finance the Belo acquisition and for general corporate purposes. All other ratings remain unchanged and the outlook remains negative.
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