Moody's changes Cequel's outlook to positive from stable; affirms B3 CFR
New York, December 15, 2016-- Moody's Investors Service has changed the outlook for Cequel Communications Holdings I, LLC to positive from stable and affirmed its B3 corporate family rating. The outlook change reflects the progress the company has made reducing costs over the last nine months following the change in ownership and management. Affiliates of Altice NV purchased a 70% equity stake in Cequel in late 2015 and implemented aggressive cost reductions that have...
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