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Prospect News home > News index > List of issuers L > Headlines for Liberty Interactive LLC > News item
Published on 9/6/2018 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

S&P assigns BBB- to QVC notes

S&P said it assigned its BBB- issue-level rating and 1 recovery rating to QVC Inc.'s proposed senior secured notes maturing in 2067. The 1 recovery rating reflects an expectation for very high (90%-100%; rounded estimate: 90%) recovery prospect for lenders.

The ratings on the proposed notes are two notches higher than the BB issuer credit rating.

The ratings on Liberty Interactive LLC's unsecured notes remain unchanged at BB- and 5. All other recovery and issue-level ratings are unchanged.


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