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Moody's withdraws Polsat's ratings

Moody's Investors Service (Moody's) has today withdrawn the Ba3 corporate family rating (CFR) and the Ba3-PD probability of default rating (PDR) of Cyfrowy Polsat S.A. (Polsat), a leading media and telecom company in Poland. The outlook prior to the withdrawal was negative. RATINGS RATIONALE Moo...

Cyfrowy Polsat S.A.: Update following downgrade to Ba3 with a negative...

Our credit view of Polsat reflects its weakened performance, increased appetite for financial leverage and its leading position in Poland.

Moody's downgrades Polsat to Ba3 from Ba1; outlook negative

Moody's Investors Service ("Moody's") has today downgraded to Ba3 from Ba1 the corporate family rating (CFR) and to Ba3-PD from Ba1-PD the probability of default rating (PDR) of Cyfrowy Polsat S.A. ("Polsat" or "the company"), a leading media and telecom company in Poland. The outlook has changed to...

Cyfrowy Polsat S.A.: Update following placement of ratings under revie...

Our credit view of Cyfrowy Polsat S.A. reflects its attractive and successful multiplay strategy, constrained by the ongoing M&A activity.

Moody's places Polsat's Ba1 rating on review for downgrade

Rating Action: Moody's places Polsat's Ba1 rating on review for downgrade. Global Credit Research- 23 Dec 2021. Milan, December 23, 2021-- Moody's Investors Service has today placed on review for downgrade the Ba1 corporate family rating and the Ba1-PD probability of default rating of Cyfrowy Polsat S.A., a leading media and telecom company in Poland.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cyfrowy Polsat S.A. Global Credit Research- 04 Nov 2021. Milan, November 04, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Cyfrowy Polsat S.A. and other ratings that are associated with the same analytical unit.

Cyfrowy Polsat S.A.: Update to credit analysis

Our credit view of Cyfrowy Polsat S.A. reflects low reported net leverage target and its attractive and successful multiplay strategy, offset by ongoing M&A activity.

Cyfrowy Polsat S.A.: Tower sale could weaken credit metrics

Tower disposal likely to increase leverage even if proceeds are used to fully repay debt

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cyfrowy Polsat S.A. Global Credit Research- 15 Dec 2020. Milan, December 15, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Cyfrowy Polsat S.A. and other ratings that are associated with the same analytical unit.

Cyfrowy Polsat S.A. - June 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Cyfrowy Polsat S.A.: Update to credit analysis

Our credit view of Polsat, reflecting its stable operating trends, deleveraging prospects and financial policies.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cyfrowy Polsat S.A. Global Credit Research- 10 Feb 2020. Madrid, February 10, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Cyfrowy Polsat S.A. and other ratings that are associated with the same analytical unit.

Cyfrowy Polsat S.A.: Acquisition of minority stake in Asseco will slow...

Acquisition of 23% minority stake acquisition in Asseco has modest impact on leverage

Cyfrowy Polsat S.A.: New PLN1 billion loan increases leverage modestly...

Credit quality unchanged following additional PLN1 billion term loan facility

Cyfrowy Polsat S.A. - June 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

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