Moody's assigns B3 rating to new senior unsecured notes of CB Escrow Corp.
Rating Action: Moody's assigns B3 rating to new senior unsecured notes of CB Escrow Corp.. Global Credit Research- 21 Sep 2017. New York, September 21, 2017-- Moody's Investors Service has assigned a B3 rating to CB Escrow Corp.' s proposed $350 million issuance of senior unsecured notes due 2025. The proceeds of the notes, together with cash on hand and borrowings under Cincinnati Bell Inc.' s senior credit facilities and receivables facility, will fund the cash portion of the...Cincinnati Bell provides communications and Intellectual Technologies (IT) solutions. The company's Entertainment and Communications segment provides products and services that can be categorized as either Consumer/SMB Fiber, Enterprise Fiber or Legacy. Products and services include high-speed internet, data transport, local voice, video and other services. The IT Services and Hardware segment provides a range of managed IT solutions, telephony and IT equipment sales, and professional IT staffing services. The company classifies the products and services of its IT Services and Hardware segment into four practices, Consulting, Cloud, Communications, and Infrastructure Solutions.
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