|
|
 |
|
Viewing report
|
|
|
|
BellSouth Corp. Ratings Still Watch Negative, SBC Ratings Affirmed Apr 00
Standard & Poors, April 2000
Abstract
NEW YORK (Standard & Poor's CreditWire) April 6, 2000--Standard & Poor's long-term ratings on BellSouth Corp. and related entities remain on CreditWatch with negative implications where they were placed on Dec. 13, 1999 (see list below). Standard & Poor's short-term ratings on BellSouth Capital Funding Corp. and BellSouth Telecommunications Inc. are affirmed (see list). These ratings are not on CreditWatch. At the same time, Standard & Poor's affirmed its ratings on SBC Communications Inc. (see list). The outlook on SBC is stable. These actions follow the companies' announced intent to form a domestic wireless joint venture. The combined venture, in which BellSouth and SBC will have a 40%/60% respective economic interest and each have 50% voting control, will cover 175...
Companies mentioned in this report are: BellSouth Corp.,BellSouth Telecommunications Inc.,AT&T Inc.,BellSouth Capital Funding Corp.,BellSouth Telecommunications 1994-A Pass Through Trust
Action: CreditWatch Update
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.
|
|
|
|
