A billion going from Cox to Cox

By on Dec, 1 2014 with Comments 0

COX CommunicationsThe cable wing of Cox, Cox Communications Inc., is issuing unsecured notes to pay off debt, and also to issue a massive dividend to Cox Enterprises Inc. Moody’s sees no reason to change its outlook.

In general, Moody’s is a fan of CCI’s conservative debt profile.

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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