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
Moody’s Upgrades Comcast Debt
Apr 27, 2009 • Post A Comment
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