New York, January 21, 2014 -- Moody's Investors Service has assigned a B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR) to EarthLink Holdings Corp. ("EarthLink" or the "company"), the new holding entity established at the top of the corporate structure. The existing B2 rated issuer, EarthLink, Inc. will become a wholly owned subsidiary of EarthLink which will assume the role of borrower for all existing obligations of EarthLink, Inc., including the existing B3 (LGD5-77%) rated $300 million senior unsecured notes due 2019 and Ba3 (LGD2-26%) rated $300 million senior secured notes due 2020. Moody's has also assigned an SGL-2 speculative grade liquidity to the company. The outlook is stable.

Vollständigen Artikel bei Moodys lesen