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Moody's withdraws Spanish Broadcasting System, Inc.'s ratings for busi...

Moody's Investors Service (Moody's) has withdrawn all credit ratings of Spanish Broadcasting System, Inc. (Spanish Broadcasting), including the Caa3 Corporate Family Rating (CFR), Caa3-PD Probability of Default Rating (PDR), and Caa3 ratings on the $310 million senior secured notes due March 2026. T...

Moody's downgrades Spanish Broadcasting System, Inc.'s CFR to Caa3; ou...

Moody's Investors Service (Moody's) downgraded Spanish Broadcasting System, Inc.'s (Spanish Broadcasting) Corporate Family Rating (CFR) to Caa3 from Caa1, the Probability of Default Rating (PDR) to Caa3-PD from Caa1-PD, and the senior secured notes rating to Caa3 from Caa1. The outlook is negative. ...

Spanish Broadcasting System, Inc.: Update to Credit Analysis

Our credit view of Spanish Broadcasting reflects its very high leverage and small scale, against the strong market position in Spanish language formats in most of the markets it operates.

Moody's downgrades Spanish Broadcasting CFR to Caa1; outlook changed t...

Moody's Investors Service ("Moody's") downgraded Spanish Broadcasting System, Inc.'s (Spanish Broadcasting) Corporate Family Rating (CFR) and senior secured note rating to Caa1 from B3. The Probability of Default Rating was also downgraded to Caa1-PD from B3-PD. The outlook was changed to negative f...

Spanish Broadcasting System, Inc.: Update to Credit Analysis

Spanish Broadcasting has very high leverage and small scale, but benefits from leading radio stations in Spanish language format.

Spanish Broadcasting System, Inc.: Discussion of Key Credit Factors

Spanish Broadcasting is small in scale and has high leverage, but maintains a strong position in its markets focused on Spanish language content.

Moody's announces completion of a periodic review of ratings of Spanis...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Spanish Broadcasting System, Inc.. Global Credit Research- 29 Jul 2021. New York, July 29, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Spanish Broadcasting System, Inc. and other ratings that are associated with the same analytical unit.

Spanish Broadcasting System, Inc.: Discussion of Key Credit Factors

Spanish Broadcasting has high leverage, but is expected to improve as pandemic subsides. Company is small in scale with concentrated market exposure.

Moody's assigns Spanish Broadcasting a B3 CFR and a B3 rating to new s...

Rating Action: Moody's assigns Spanish Broadcasting a B3 CFR and a B3 rating to new senior secured notes; outlook stable. Global Credit Research- 05 Feb 2021. New York, February 05, 2021-- Moody's Investors Service, assigned Spanish Broadcasting System, Inc. a B3 Corporate Family Rating, B3-PD Probability of Default Rating, and a B3 rating to the proposed $310 million senior secured notes due 2026. The outlook is stable.

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