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Latest Satellite News Discussion, Ono refinancing prompts upgrade at General Satellite News forum; Ono refinancing prompts upgrade 19 Apr 10 - Influential credit ratings agency Moodys has upgraded its outlook for Ono after ...

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Thumbs up Ono refinancing prompts upgrade - 19-April-2010, 16:50

Ono refinancing prompts upgrade


19 Apr 10 - Influential credit ratings agency Moodys has upgraded its outlook for Ono after the Spanish MSO completed a planned round of refinancing.
The package of refinancing measures eases financial pressure on the Spanish company and gives it short-term flexibility, Moodys said. It added that there is the potential to further upgrade Ono if management shows that they can execute the revised business plan against the backdrop of a tough economic environment in Spain.


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