Monday, May 21, 2007

Moody's may cut Alltel's ratings on buyout

(Reuters) - "The review reflects Moody's expectations that leverage
will increase substantially, commensurate with the likely
capital structure and ownership by private equity investors,"
Moody's said in a statement.




"A multi-notch downgrade to a speculative rating is likely
by the conclusion of the review process," Moody's said.


Read more at Reuters.com Bonds News

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