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S&P affirms Mediacom
S&P said it affirmed its BB corporate credit rating, and all other ratings, on Mediacom Communications Corp.
The outlook remains stable.
“The affirmation reflects performance that is in line with our expectations, as leverage fell to 4.0x in 2016 from about 4.5x in 2015 from a combination of higher earnings and continued debt reduction,” said S&P credit analyst Chris Mooney in a news release.
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