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The listing affected the firm's B corporate credit rating and the B- first-lien bank debt rating on NuVox's intermediate holding companies NuVox Transition Subsidiary LLC and Gabriel Communications Finance Co.
The 5 recovery rating remains intact.
As part of the transaction, Windstream will assume some USD 180 million of NuVox's net debt.
The analysts said NuVox's ratings will benefit from the higher credit quality of Windstream, whose ratings, including the BB+ corporate credit rating, were placed on "negative" watch on November 3.
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