DBRS Releases Report on Cogeco Cable
Telecom/Media/TechnologyDBRS has today released a report providing further detail on the recent assignment of an Issuer Rating of BB (high) with a Stable trend to Cogeco Cable Inc. (Cogeco or the Company), as well as confirmation of a rating of BBB (low) to Cogeco’s Senior Secured Notes & Debentures with a recovery rating of RR1. This action follows DBRS’s assessment of the Company’s proposed acquisition of Atlantic Broadband Group, LLC (Atlantic Broadband) and removes the ratings from Under Review with Negative Implications.
Today’s report and the August 21, 2012, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.