Moody's lifts WideOpenWest

Moody's Investors Service upgraded WideOpenWest Finance, LLC's corporate family rating and probability of default rating to B2 from B3.

Additionally, Moody's said it upgraded WideOpenWest's $1.075 billion of first-lien senior secured bank credit facilities ($100 million revolving credit facility due June 2013, $975 million term loan facility due June 2014) to B1 from B2, and its $235 second-lien senior secured term loan facility due 2015 to Caa1 from Caa2.

The outlook is stable.

"The upgrades reflect steady improvement in WideOpenWest's key credit metrics, which we expect to continue strengthening over the forward rating horizon," noted Moody's senior vice president Russell Solomon.

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