(Reuters) - After the debt financing, Intelsat will have about 10
times as much debt as earnings before interest, taxes,
depreciation and amortization, up from an already aggressive
level of 7.4 times, S&P said in a statement.
S&P lowered Intelsat's rating by one notch to "B-plus,
the fourth-highest junk rating, from "BB-minus."
Read more at Reuters.com Mergers News
times as much debt as earnings before interest, taxes,
depreciation and amortization, up from an already aggressive
level of 7.4 times, S&P said in a statement.
S&P lowered Intelsat's rating by one notch to "B-plus,
the fourth-highest junk rating, from "BB-minus."
Read more at Reuters.com Mergers News
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