E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers M > Headlines for Masmovil Ibercom, SA > News item
Published on 5/10/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch rates Masmovil loan BB

Fitch said it assigned MasMovil Ibercom SA a long-term issuer default rating of BB- with a stable outlook.

Fitch also assigned the group's €1.45 billion senior secured term loan B issued by MasMovil Holdphone a rating of BB with a recovery rating of RR2.

The ratings assume the successful completion of the group's planned bank refinancing, the repurchase of an outstanding convertible bond, fresh equity raise/reinvestment amounting to €220 million and planned network swaps raising around €150 million in net disposal proceeds.


© 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.