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Approximate Dynamic Programming. Edition No. 1
Standard & Poors, Sep 1998
Abstract
NY -- Standard & Poor's CreditWire 9/16/98 -- Standard & Poor's today revised the outlook on GCI Inc. and its subsidiaries, GCI Holdings Inc., and Alaska United L.P. to negative from stable. At the same time, Standard & Poor's affirmed its double-'B' corporate credit rating on GCI and its subsidiaries. Standard & Poor's also affirmed its single-'B'-plus rating on GCI's unsecured debt and its double-'B' bank loan ratings on GCI Holdings and Alaska United. GCI is a diversified telecommunications provider with the second largest market share (approximately 42%) in the Alaskan long distance market and is Alaska's leading cable TV provider. The outlook revision results primarily from recent weakness in GCI's local telephone revenues and increased uncertainty in cash flows...
Companies mentioned in this report are: GCI Inc.,GCI Holdings, Inc.,Alaska United L.P.
Action: Outlook Revised
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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