New York, April 24, 2015 -- Moody's Investors Service confirmed Time Warner Cable, Inc.'s ("TWC") Baa2 long-term debt rating following today's announcement that Comcast Corporation ("Comcast" -- A3, Positive) and TWC have mutually agreed to terminate their merger agreement. Moody's also changed the company's rating outlook from Rating Under Review for Upgrade to Negative. This action concludes the rating review for upgrade that commenced on February 13, 2014 after TWC announced that it had entered into a definitive agreement to merge with Comcast via an all stock merger.
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