Commscope Aktie
WKN DE: A1W5SD / ISIN: US20337X1090
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27.05.2015 23:31:00
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Commscope, Inc. -- Moody's assigns B2 to CommScope's new unsecured notes; Ba2 secured
New York, May 27, 2015 -- Moody's Investors Service assigned a B2 rating to the proposed senior unsecured note offering by CommScope Technologies LLC, and assigned Ba2 ratings to the proposed incremental term loan B and senior secured note issuances of CommScope, Inc. Moody's also affirmed CommScope Holding Company, Inc's B1 corporate family rating and B1-PD probability of default rating. Proceeds from the issuances are being used to fund the acquisition of TE Connectivity's Broadband Network Solutions (BNS) business, as well as repay a portion of the existing first lien term loan facility. The outlook remains positive.
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