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S&P: UPCB notes off watch
Standard & Poor's said it corrected an error in its database by affirming the B+ issue rating on the €500 million of senior secured notes issued by special-purpose vehicle UPCB Finance Ltd., a subsidiary of Liberty Global Inc. (B+/stable) and removing the rating from CreditWatch with negative implications.
The rating should have been affirmed and taken off CreditWatch on April 29, 2010 at the same time as the other outstanding issue ratings on senior secured debt issued by Liberty or its subsidiaries.
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