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General

Moody's downgrades outlook rating for VodafoneZiggo to negative

Thursday 20 September 2018 | 18:29 CET | News
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International rating agency Moody's has lowered its outlook for VodafoneZiggo's ratings to negative from stable. The negative rating was given to take into account the company's high debt burden of almost EUR 11 billion and its and its "aggressive" shareholder returns, or dividends. These could lead to negative free cash flow generation, the agency said.

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Categories: General
Companies: Vodafone / VodafoneZiggo
Countries: Netherlands
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