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Published on 9/30/2021 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.

Fitch alters Qurate preferred recovery

Fitch Ratings said it revised the recovery rating on Qurate Retail, Inc.'s cumulative redeemable preferred shares to RR5 from RR6 and removed the company from under criteria observation.

The revision is consistent with the agency’s revised criteria for recovery ratings, Fitch said.

Concurrently, the agency affirmed the BB ratings on Qurate, Liberty Interactive LLC and QVC Inc.


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