Moody’s

NEW YORK-Standard & Poors warned of a possible downgrade on its rating of financially struggling Paging Network Inc., while Moody’s went ahead and lowered its ratings on the company’s debt …

Metrocall Inc. last week transferred its common stock listing from the Nasdaq National Market to the Nasdaq SmallCap Market in response to falling per-share prices and diluted assets as a …

LONDON-Moody’s Investors Service Inc. placed on review for upgrade the Baa3 long-term ratings of both the $200 million senior notes due 2003 and the $800 million senior notes due 2008 …

LONDON-Mannesmann Aktiengesellschaft and its financing subsidiary, Mannesmann Finance B.V., plan to sell up to $2 billion in euro-denominated commercial paper that will, in part, help finance planned telecommunications investments. Mannesmann, …

The popularity of prepaid wireless services has skyrocketed in the United States, but carriers are experiencing a not-so-pleasant side effect- high churn-and many are challenged by the need to expand …

Pannon GSM Tavkozlesi RT, Budapest, Hungary, was expected last week to place privately about $123 million in euro-denominated bonds it plans to use to refinance outstanding debt. Pannon, which operates …

NEW YORK-Compania de Telecomunicaciones de Chile S.A. has raised about $204 million in euro-denominated bonds due 2004. The bonds received a speculative grade rating of Baa1 from Moody’s Investors Service …

NEW YORK-Motorola Credit Corp. has sold $500 million of euro-denominated bonds paying 6.75 percent interest in order to raise capital for lending money to purchasers of wireless equipment from its …

NEW YORK-Moody’s Investors Service, London, assigned a speculative grade rating of Ba3 to Orange plc’s planned private placement of $562 million in 10-year senior notes. “The Ba3 rating factors in …

NEW YORK-Nextlink Communications Inc., a Bellevue, Wash., provider of competitive wireline local and long-distance services, plans a $750 million offering of 10-year notes to help finance its network buildout. In …

Microcell Telecommunications Inc., Montreal, sold a $150 million issue of 10-year senior discount notes to help fund its capital requirements. One of two nationwide personal communications services license holders in …

NEW YORK-A subsidiary of Hong Kong-based Hutchison Whampoa Ltd., which holds a minority stake in both Orange plc and Western Wireless Corp., plans to issue $547 million in Euro-denominated bonds …

Helsinki-based Sonera Group plc, Finland’s largest telecommunications carrier, plans a $1.1 billion issue of medium term notes to help finance its expansion plans. The partially privatized carrier, owned 78 percent …

NEW YORK-Moody’s Investors Service has changed to stable from negative its outlook on $279 million in Ba1-rated debt securities issued by SK Telecom Co. Ltd., Seoul, South Korea. “The change …

Moody’s Investors Service assigned a first-time, top-tier, investment-grade rating of Aa3 to the $1 billion program of medium-term, euro-denominated notes to be issued by Belgacom Finance S.A. The debt is …

NEW YORK-Moody’s Bankrupt Bond Index posted its third consecutive monthly increase in January, “attributable to large gains in a handful of issues,” including one sold by Geotek Communications Inc., the …

NEW YORK-Moody’s Investors Service Inc. has downgraded its long-term investment grade ratings of AT&T Corp. debt and preferred stock while upgrading those of cable television company Tele-Communications Inc., which AT&T …

NEW YORK-Moody’s Investors Service Inc. is reviewing $400 million in Hyundai Semiconductor America debt for possible downgrade because merger talks between HSA and LG Semicon Co. Ltd. hit an impasse …

NEW YORK-Nextel Communications Inc., McLean, Va., is raising $795 million in new financing in the form of $300 million each in 12-percent senior notes due 2008 and zero coupon convertible …

NEW YORK-Metrocall Inc., Alexandria, Va., was expected to place privately last week a $250 million issue of 10-year senior subordinated notes that cannot be redeemed by the paging carrier for …

NEW YORK-Moody’s Investors Service Inc. assigned speculative grade ratings to $1.4 billion of planned new debt that will be used to refinance outstanding debt and to fund the buyout and …

NEW YORK-Moody’s Investors Service Inc. announced Dec. 1 it upgraded to A1 from B1 its rating on $400 million in convertible subordinated notes issued by DSC Communications Corp. Moody’s said …

Moody’s Investors Service Inc. said it assigned a B2 rating to Orbital Sciences Corp.’s $100 million of 5-percent subordinated notes, due 2002. The company said the ratings reflect risks inherent …

NEW YORK-CellStar Corp., Carrollton, Texas, announced a significant slide in net income for the third quarter ended Aug. 31, to $2.4 million from $16.2 million posted during the same period …

NEW YORK-Moody’s Investors Service Inc. lowered its speculative grade ratings Sept. 10 on $1.2 billion in outstanding Millicom International Cellular S.A. debt by one notch, to Caa1 from B3. “The …