Rating Action: Moody's downgrades Spanish Broadcasting System, Inc.' s PDR to D-PD following maturity default. Global Credit Research- 24 Apr 2017. New York, April 24, 2017-- Moody's Investors Service, downgraded Spanish Broadcasting System, Inc.' s probability of default rating to D-PD from Caa3-PD following the company's announcement that is there was an event of default under the company's note indenture following note maturity on April 15, 2017. The company's Corporate...
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