S&P lifts, withdraws Telx

Standard & Poor's said it raised the corporate credit rating on Telx Group Inc. to BBB from B-.

The outlook is stable.

The agency also said it removed all of the ratings from CreditWatch, where they were placed with positive implications in July.

S&P also said it withdrew the BBB corporate credit rating on Telx following its acquisition by Digital Realty Trust for $1.9 billion and the repayment of all of the company's debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.