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Moody's: Sirius view positive
Moody's Investors Service said it changed Sirius XM Radio Inc.'s outlook to positive from stable and affirmed the company's existing ratings, including its B2 corporate family rating, B1 probability of default rating, debt instrument ratings and SGL-2 speculative grade liquidity rating.
Moody's said the outlook change reflects the growing subscriber base as well as the improved operating performance and credit metrics.
Loss given default point estimates were updated to reflect the current debt mix.
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