U.S.-based media research company Nielsen's year-to-date operating performance has been solid, and we expect the company to generate about $300 million in discretionary cash flow this year. We are affirming our ratings on Nielsen Holdings N.V. and its operating company, and revising our outlook to positive from stable. The positive rating outlook reflects our view that Nielsen's business will continue to grow, and our view that the company could reduce leverage further through a combination of EBITDA growth and debt repayment. NEW YORK (Standard & Poor's) Sept. 30, 2011--Standard & Poor's Rating Services said today it affirmed its ratings, including the 'BB-' corporate credit rating, on Nielsen Holdings N.V. and its operating company, The Nielsen Co. B.V. (which refer to...
Companies mentioned in this report are:
- Nielsen Holdings N.V.
- The Nielsen Co. B.V.
- Nielsen Finance LLC
- Nielsen Finance Co.
Action: Outlook: Positive
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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.