Moody's rates MCI notes B2

Moody's Investors Service said it assigned B2 ratings for MCI Inc.'s senior unsecured notes. Moody's also assigned MCI a B2 senior implied rating and a B3 issuer rating. The outlook is stable.

The B2 rated notes include $1.983 billion senior notes due 2007, $1.983 billion senior notes due 2009 and $1.699 billion senior notes due 2014.

Moody's said the ratings broadly reflect the company's high business risk given eroding consumer long distance and intense enterprise data competition in the telecommunications industry, offset somewhat by comparatively moderate financial leverage and very good near-term liquidity.

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