TEXT-S&P: Atlantic Broadband ratings unaffected by acquisition

Wed Dec 5, 2012 1:06pm EST

Dec 5 - Standard & Poor's Ratings Services said today that its 'B+'
corporate credit rating on Quincy, Mass.-based cable-TV provider Atlantic
Broadband Finance LLC remains on CreditWatch with positive implications
following the Nov. 30, 2012, 
acquisition of the company by Montreal-based cable operator Cogeco Cable Inc. 
 (BB+/Stable/--). We view Atlantic Broadband's stand-alone credit
profile as `b+'. The key consideration for a potential upgrade of the corporate
credit rating on Atlantic Broadband will be our assessment of the strategic,
longer term importance of Atlantic Broadband to Cogeco.
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