Moody's assigns Ba3 rating to Meredith's new senior secured notes
Rating Action: Moody's assigns Ba3 rating to Meredith's new senior secured notes. Global Credit Research- 24 Jun 2020. New York, June 24, 2020-- Moody's Investors Service, assigned Ba3 rating to new senior secured notes issued by Meredith Corp..Meredith is a media company. The company is engaged in providing consumers with content and delivering the messages of its advertising and marketing partners. The company operates two business segments: national media and local media. The company's national media segment includes national consumer media brands delivered via multiple media platforms including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. The company's local media segment consists of television stations located across the United States in markets with related digital and mobile media assets.
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