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  • Moody's

    Discovery Communications, LLC -- Moody's assigns Baa3 to Discovery Communications' new 10 and 30 year notes

    Moody's Investors Service ("Moody's") assigned a Baa3 rating to Discovery Communications, LLC's (Discovery or DCL) $2 billion senior unsecured notes maturing in 2030 and 2050. Discovery's existing Baa3 long term ratings and P-3 short term rating are unaffected by the transaction. The senior notes will be unsecured, rank equally with all other existing and future unsecured senior indebtedness, and be fully and unconditionally guaranteed by Discovery Inc. (Parent Guarantor), and each domestic subsidiary of the Parent Guarantor that guarantees DCL's obligations under the revolving credit facility.