New York, December 18, 2015 -- Moody's Investors Service has assigned a Ba2 rating to the senior secured term loans of Mediacom Broadband LLC ("Broadband") and Mediacom LLC ("LLC"), wholly owned subsidiaries of Mediacom Communications Corporation ("Mediacom"). The new term loans will consist of a $151.5 million term loan at Mediacom Broadband LLC, and a $153.5 million term loan at Mediacom LLC. Proceeds from the transaction plus revolver usage will be used to refinance existing debt.
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