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Midcontinent Communications -- Moody's assigns Ba3 to Midcontinent's senior secured bank credit facility; outlook remains stable

Moody's Investors Service ("Moody's") assigned a Ba3 to Midcontinent Communications (Midco or the Company) new $985 million senior secured bank credit facility, including a term loan and revolver. Moody's also assigned a B3 to the proposed senior unsecured notes. Moody's affirmed the B1 Corporate Family Rating and B1-PD Probability of Default Rating.