07.08.2015 17:24:00
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Windstream Services, LLC -- Moody's downgrades Windstream to B1
New York, August 07, 2015 -- Moody's Investors Service ("Moody's") has downgraded the corporate family rating (CFR) of Windstream Services, LLC ("Windstream" or "the company") to B1 from Ba3 and probability of default rating (PDR) to B1-PD from Ba3-PD. As part of the rating action, Moody's has also downgraded the ratings on Windstream's senior secured credit facilities to Ba3 (LGD3) from Ba2 (LGD3) and its senior unsecured notes to B2 (LGD4) from B1 (LGD4).