LONDON (AFX) - Moody's said it placed the Ba1 senior unsecured and corporate family ratings of ProsiebenSat.1 Media AG on review for possible downgrade following the news that Lavena Holding 4 GmbH, which is controlled by funds advised by Kohlberg Kravis Roberts and Permira, won the bid battle for a majority stake in the German TV group.
About 150 mln eur of debt securities are affected, Moody's said. newsdesk@afxnews.com vs COPYRIGHT Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited