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From: Austin Dutton [mailto:[email protected]]
Sent: Friday, January 16, 2009 11:36 AM
Subject: Cable/Satellite TV Idea in 2012
Here is an Institutional Bid Side Offer:
2MM TWC (Time Warner Cable) 5.40 07/02/12 at 99, YTM 5.72%, CY 5.45%, Rated Baa2/BBB+, Semi Pay
Time Warner Cable, Inc. provides video, data, and voice service to residential and commercial customers in the United States. As of December 31, 2007, it served approximately 14.6 million customers primarily in New York State, the Carolinas, Ohio, southern California, and Texas.
For the 12 month period of 2008 the Company reported Revenues of $17.28 Billion, EBITDA of $6.11 Billion, and Net Income of $1.15 Billion. Their Cash position is strong at $3.58 Billion, Operating Cash Flow is $5.17 Billion, and Total Debt is $15.75 Billion. They cover Interest Expense of $681 Million 8.97 Times (EBITDA/Int Exp) and Leverage is 2.97 Times (Total Debt/EBITDA).
If you have any questions or are looking for something specific, feel free to contact me at 215-534-2619
Austin R. Dutton, Jr.
Managing Director
Bridge Valley Financial Services, LLC.
PO Box 383
Furlong, PA 18925
Direct: 215-598-9460
Fax: 215-598-9462
[email protected]
Securities offered through Newbridge Securities Corp.,
Member FINRA and SIPC
From: Austin Dutton [mailto:[email protected]]
Sent: Friday, January 16, 2009 11:36 AM
Subject: Cable/Satellite TV Idea in 2012
Here is an Institutional Bid Side Offer:
2MM TWC (Time Warner Cable) 5.40 07/02/12 at 99, YTM 5.72%, CY 5.45%, Rated Baa2/BBB+, Semi Pay
Time Warner Cable, Inc. provides video, data, and voice service to residential and commercial customers in the United States. As of December 31, 2007, it served approximately 14.6 million customers primarily in New York State, the Carolinas, Ohio, southern California, and Texas.
For the 12 month period of 2008 the Company reported Revenues of $17.28 Billion, EBITDA of $6.11 Billion, and Net Income of $1.15 Billion. Their Cash position is strong at $3.58 Billion, Operating Cash Flow is $5.17 Billion, and Total Debt is $15.75 Billion. They cover Interest Expense of $681 Million 8.97 Times (EBITDA/Int Exp) and Leverage is 2.97 Times (Total Debt/EBITDA).
If you have any questions or are looking for something specific, feel free to contact me at 215-534-2619
Austin R. Dutton, Jr.
Managing Director
Bridge Valley Financial Services, LLC.
PO Box 383
Furlong, PA 18925
Direct: 215-598-9460
Fax: 215-598-9462
[email protected]
Securities offered through Newbridge Securities Corp.,
Member FINRA and SIPC