Fitch might cut Windstream

Fitch Ratings said it placed Windstream Services, LLC and its subsidiary Windstream Holdings of the Midwest, Inc.'s BB- long-term issuer default ratings and credit facility ratings on rating watch negative following the company's announcement regarding receipt of an alleged notice of default from one of its noteholders.

The agency said it believes the outcome of the alleged notice of default and Windstream's defense against the alleged notice is unclear, warranting the negative watch.

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