Moody’s changes Grupo Televisa’s credit outlook to negative

Moody’s changes Grupo Televisa’s credit outlook to negative

Moody’s Ratings changed Mexican media giant Grupo Televisa’s long-term debt outlook to negative from stable, maintaining the rating at “Baa3,” noting that the company’s competitive position faces operational challenges that could “limit improvements in the near future.” In a statement late Wednesday, Moody’s said it also “affirmed the Baa3 long-term issuer rating, the Baa3 senior … Read more