Univision Stable After Downgrade
Univision was trading at 54 1/2-55 1/2 Wednesday, down only slightly from earlier in the week, after Standard & Poor's downgraded the Spanish-language broadcasting company's loans. S&P lowered the rating on Univision's first lien to B- and downgraded the loans' recovery rating to 3, indicating an expected recovery of 50-70%.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: