28.10.2013 18:30:00
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AMC Networks Inc. -- Moody's says AMC Networks acquisition of Chello Media will not affect its Ba3 corporate family rating
New York, October 28, 2013 -- Moody's Investors Service said that AMC Networks Inc.'s ("AMC" - Ba3 CFR) announced acquisition of Chello Media ("Chello") for $1 billion in cash will not impact its corporate family ratings. However, depending upon the final structure of the debt financing, the individual debt ratings could be impacted. Chello is the international content division of Liberty Global, plc and is an international TV distribution company with numerous TV networks in 138 countries.