Moody's: Knology unchanged

Moody's Investors Service said that Knology, Inc.'s announced authorization of a repurchase program of 2 million shares of the company's common stock will have no impact on the company's B1 corporate family rating, B2 probability of default rating, B1 senior secured bank debt ratings and SGL-2 speculative grade liquidity rating.

The outlook remains stable.

The agency said it expects that the company will fund the share repurchase with available cash on hand and free cash flow.

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