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Moody's: Liberty Cablevision loan B1, could up OneLink
Moody's Investors Service said it assigned B2 corporate family and probability of default ratings to Liberty Cablevision of Puerto Rico, LLC, as well as a B1 rating to its proposed first-lien credit facility.
The proposed facility, which consists of a $10 million first-lien revolver due June 2016 and a $175 million first-lien term loan due June 2017 will primarily refund existing debt. Liberty Cablevision is an indirect, wholly owned subsidiary of Liberty Global, Inc.
Moody's also placed all ratings for San Juan Cable LLC (OneLink) on review for upgrade.
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