|Bid||20.07 x 800|
|Ask||21.66 x 900|
|Day's Range||20.07 - 20.59|
|52 Week Range||13.96 - 22.35|
|Beta (3Y Monthly)||2.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.00|
Moody's Investors Service ("Moody's") has today assigned a Ba1 rating to Vodafone Group Plc's (Vodafone) issuance of USD 2 billion subordinated fixed rate reset 10 year capital securities due 2079. Vodafone plans to use the hybrid securities to fund a portion of the EUR 18.4 billion acquisition of Liberty Global plc's (Ba3 stable) assets in Germany and Central and Eastern Europe (CEE).
Moody's Investors Service ("Moody's") has today assigned a Ba3 rating to the proposed USD400 million senior secured notes due 2027, to be issued by Sable International Finance Limited (SIFL), an indirect wholly-owned subsidiary of Cable & Wireless Communications Limited (CWC). At the same time, Moody's has affirmed the Ba3 corporate family rating (CFR) of CWC, and the ratings of all other debt instrument ratings within the group.
Moody's Investors Service (Moody's) has today assigned a B2 rating to the proposed USD180 million 6.875% notes due 2027, offered as additional notes to the existing USD700 million 6.875% senior unsecured notes due 2027 issued by C&W Senior Financing Designated Activity Company (SPV Issuer), a trust-owned special purpose vehicle that Cable & Wireless Communications Limited (CWC) consolidates. The Ba3 corporate family rating (CFR) of CWC, and the other debt instrument ratings within the group, all remain unchanged. The SPV Issuer will on-lend the USD180 million proceeds from the notes issuance to Sable International Finance Limited (SIFL), through a proceeds loan, as is the case with the existing USD700 million notes due 2027 and USD500 million notes due 2026 issued by the SPV Issuer.
DENVER, Colorado-- -- Acquisition increases C&W’s scale in Curaçao and expands footprint to St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba Bringing innovation and world-class connectivity solutions to UTS customers Leveraging Liberty Latin America’s regional scale to drive synergies Liberty Latin America Ltd. , today announced that it has entered into a definitive agreement to ...
Moody's Investor's Service, ("Moody's") has today affirmed the Ba3 Corporate Family Rating (CFR) and the Ba3-PD Probability of Default ratings of Virgin Media, Inc. ("VMED" or "the company"). At the same time, Moody's has affirmed the ratings of the senior secured debt instruments issued at Virgin Media Secured Finance plc, Virgin Media Investment Holdings Ltd, Virgin Media Bristol LLC and Virgin Media SFA Finance Limited at Ba3 and of the senior unsecured bonds issued at Virgin Media Finance plc at B2.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Vodafone Group Plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has today downgraded Vodafone Group Plc's ("Vodafone" or "the company") senior unsecured ratings to Baa2 from Baa1, the senior unsecured MTN and shelf ratings to (P)Baa2 from (P)Baa1, and the subordinated hybrid notes rating to Ba1 from Baa3. Concurrently, Moody's has affirmed the company's Prime-2 (P-2) short term rating. The rating action concludes the review for downgrade initiated on 11 May 2018, following the company's announcement of the proposed acquisition of Unitymedia GmbH ("Unitymedia"), the German cable operator owned by Liberty Global plc ("Liberty"), and the Central and Eastern European ("CEE") assets of Liberty's subsidiary, UPC Holding BV, for an enterprise value (EV) of EUR18.4 billion.
Liberty Latin America Ltd. today announced plans to release its full-year 2018 results on Wednesday, February 20, 2019 after NASDAQ market close.
Liberty Latin America Ltd. (“Liberty Latin America” or “the Company”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced plans to establish its new Operations Center in Panama City, Panama. Betzalel Kenigsztein, COO of Liberty Latin America, said, “Selecting Panama City as the location for our Operations Center reinforces our strategy to drive operational efficiencies across our platform to support our organic growth over the coming years. The Operations Center is expected to create more than 500 new jobs over the next five years and will be established under Panama’s Multi Headquarters (MHQ) platform, which provides significant financial, immigration, and labor incentives for corporations.
Liberty Latin America Ltd. announced today that it has terminated conversations with Millicom International Cellular S.A.
The billionaire chairman of Liberty Global Plc. is engineering a takeover of Millicom International Cellular SA by Liberty Latin America Ltd., the unit that he spun out last year. While a bid looks a stretch at first glance given Liberty Latin America’s indebtedness, a closer examination shows the financing is just about feasible. Millicom is carrying significantly less debt than Liberty.
NEW YORK/FRANKFURT (Reuters) - Liberty Latin America Ltd (LILA.O), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA (TIGOsdb.ST) with an acquisition offer, Millicom said on Monday. Millicom's statement came hours after Reuters first reported on the negotiations. The deal would create one of the largest telecommunications carriers in Latin America, giving the combined company more heft to compete with some of the region's biggest players, such as America Movil (AMXL.MX), Telefonica SA (TEF.MC) and AT&T Inc (T.N).
Moody's Investors Service, ("Moody's") has today revised the outlook on the ratings of CDS Holdco III B.V.'s ("M7") to stable from negative. The agency has also affirmed M7's B2 Corporate Family Rating ("CFR"), B2-PD probability of default rating ("PDR") as well as the B2 rating of M7's Term Loan B which will be upsized by EUR115 million to an outstanding amount of EUR655 million, and the B2 rating of the EUR20 million revolving credit facility. The proceeds from the increase in Term Loan B together with EUR20 million of cash will be used to fund the recently announced acquisition of UPC Holding B.V.'s (Ba3, negative) Direct-to-Home (DTH) platforms in Hungary, Czech Republic, Romania and Slovakia.
Vodafone's (VOD.L) $21.8 billion proposed acquisition of Liberty Global's (LBTYA.O) assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said. The European Commission's move could ratchet up pressure on the world's second-largest mobile operator to offer concessions, unless it can convince the EU competition enforcer that the deal poses no competition issues. Investors and industry players, however, will be hoping for a flexible regulatory stance given that the Commission has just given unconditional clearance for Deutsche Telekom's (DTEGn.DE) acquisition of Tele2's (TEL2b.ST) Dutch business after initial concerns.