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In a Verizon-Charter Deal, Analysts See One Massive Pile of Debt

  • Merger would create the world’s biggest corporate borrower
  • ‘You’re getting into very big numbers,’ BI analyst says
Bloomberg business news

Will Washington Welcome a Verizon-Charter Deal?

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Verizon Communications Inc. is said to have given thought to buying Charter Communications Inc., a deal that would create the biggest U.S. wireless and internet provider.

But many in the finance world are focused on another superlative a Charter tie-up could lead to: the world’s biggest corporate debtor. And that’s causing some credit analysts to wonder how Verizon could finance such a massive deal, while also achieving its goal of reducing debt, let alone avoiding a blow to its credit metrics that could jeopardize its investment-grade rating.