December 5, 2012 / 6:10 PM / in 5 years

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

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.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below