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Dish system Corporation — Moody’s downgrades DISH system’s CFR to B1 and DISH DBS’s CFR to B2; assigns B2 to DISH that is new DBS unsecured records
Moody’s also downgraded DISH DBS Corporation’s, a wholly-owned subsidiary of DISH Network, (“DBS”) CFR to B2 from B1, PDR rating to B1-PD from Ba3-PD, senior debt that is unsecured to B2 from B1 and assigned a B2 rating to DBS’s proposed new $1 billion of senior unsecured records. DISH’s speculative grade liquidity (SGL) rating is unchanged from SGL-2.
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T-Mobile USA, Inc. — Moody’s assigns Baa3 to T-Mobile’s proposed senior notes that are secured
Moody’s Investors provider (Moody’s) has assigned a Baa3 to T-Mobile USA, Inc.’s (T-Mobile) proposed senior secured records (Secured records). The net profits from the purchase regarding the Secured records would be utilized redeem a number of number of current T-Mobile unsecured records which are at the mercy of redemption without repayment of a make-whole redemption premium. The unsecured records anticipated to be redeemed should include the 5.125% Senior records due 2025 held by Deutsche Telekom AG (DT, Baa1 negative), a 43.5per cent owner associated with stock that is common of’s parent, T-Mobile US, Inc. (T-Mobile US).
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Company’s biggest product sales regarding the quarter that is 1st reading.
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