Moody’s Upgrades Comcast Debt

Apr 27, 2009  •  Post A Comment

Moody’s Investor Service raised its grade on some Comcast Corp. debt to Baa1 from Baa2, reflecting improving credit metrics and what it expects to be a drop in the cable operator’s debt-to-earnings ratio, Dow Jones reports. Moody’s also said Comcast has financial flexibility because it has predictable subscriber revenue, the news service reports.
—Jon Lafayette

Your Comment

Email (will not be published)