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Windstream Services, LLC -- Moody's downgrades Windstream's PDR to D-PD from Caa3-PD; Ratings to be withdrawn

Moody's Investors Service (Moody's) downgraded Windstream Services, LLC's (Windstream) probability of default rating (PDR) to D-PD from Caa3-PD following the announcement that the company filed a petition for relief under Chapter 11 of the US Bankruptcy Code on February 25, 2019. Windstream's corporate family rating (CFR) was affirmed at Caa3, its first lien secured rating was affirmed at Caa3, its second lien secured rating was affirmed at Ca and its unsecured rating was downgraded to C from Ca.