New York, April 24, 2015 -- Moody's Investors Service said that Comcast Corporation's (Comcast, A3 positive) announced cancellation of its proposed acquisition of Time Warner Cable, Inc. (TWC, Baa2 negative) is credit negative for Charter Communications Inc. (Charter) but does not impact Charter's Ba3 Corporate Family Rating (CFR). Charter will no longer achieve benefits from a material increase in scale while holding ground on credit metrics, and could become a more aggressive standalone bidder for TWC. Charter has been incurring interest expense on debt raised to fund acquisitions associated with the Comcast-TWC deal.

Vollständigen Artikel bei Moodys lesen