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Published on 11/18/2013 in the Prospect News High Yield Daily.

S&P gives BB to T-Mobile USA notes

Standard & Poor's said it assigned its BB issue-level rating and 3 recovery rating to T-Mobile USA Inc.'s proposed $2 billion senior notes with maturities of 2022 and 2024.

The ratings on T-Mobile USA reflect an overall "fair" business risk assessment and "aggressive" financial risk assessment, S&P said. S&P's assessment of T-Mobile's liquidity remains "adequate."


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