|Bid||25.74 x 1400|
|Ask||25.75 x 1300|
|Day's Range||25.25 - 25.77|
|52 Week Range||16.74 - 26.79|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.00|
Rating Action: Moody's assigns a B1 rating to UPC's new senior secured notes due 2031Global Credit Research - 07 Apr 2021London, 07 April 2021 -- Moody's Investors Service, ("Moody's") has today assigned a B1 instrument rating to the new USD1,250 million senior secured notes due 2031 to be issued by UPC Broadband Finco B.V. The outlook on the rating is stable.The proceeds from the new senior secured notes due 2031 will be on-lent to UPC Financing Partnership, a subsidiary of UPC Holding B.V. (UPC), in the form of a new USD-denominated Finco Loan under the existing UPC Credit Facility. UPC Financing Partnership will then use the proceeds from the new Finco Loan to refinance the EUR600 million senior secured notes due 2027 issued by UPCB Finance IV Limited, of which an aggregate principal amount of EUR540 million remains outstanding as of 31 December 2020, and otherwise for general corporate and/or working capital purposes of the UPC group, including the repayment of other senior secured indebtedness.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […]
Liberty Global and Telefonica today announced their intention to appoint Lutz Schüler as Chief Executive Officer and Patricia Cobian as Chief Financial Officer of the proposed 50-50 joint venture combining Virgin Media and O2. The merger is subject to approval by the Competition and Markets Authority (CMA) in the UK.