U.S. Markets closed

Windstream Services, LLC (DIP) -- Moody's assigns Baa3 rating to Windstream's DIP facilities

Moody's Investors Service (Moody's) assigned a Baa3 rating to $400 million of senior secured super-priority debtor-in-possession (DIP) credit facilities of Windstream Services, LLC (DIP) consisting of a $300 million term loan and a $100 million revolving credit facility as per an interim order approved by the US Bankruptcy Court Southern District of New York on February 26, 2019. Windstream Services, LLC (Windstream) is requesting bankruptcy authorization for a total of $1 billion of DIP facilities.