S&P: American Media Inc. Ratings Withdrawn At Company's Request And Debt Repayment
At the same time, we withdrew our 'CCC' issue-level rating on the company's 11.5% first-lien notes due 2017.
"We withdrew our corporate credit rating on American Media at the company's request and due to lack of sufficient information on its future capital structure and financial reporting," said S&P Global Ratings' credit analyst Scott Zari. "We withdrew our issue-level ratings on the first-lien notes because they have been redeemed."
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