Standard & Poor's new credit report seems to confirm Lorenzo Fertitta's comments that 2015 is "pretty much the best year in the history of the company."
Standard & Poor's has issued a new credit report on November 17 that upgrades Zuffa's credit rating from negative to stable based on their improved pay-per-view business from last year.
S&P is one of the Big Three credit reporting agencies. It assigns credit ratings for debtors, which is used by lenders to determine the debtors ability to pay back a loan or the likelihood of default.
The outlook revision for Zuffa reflects Standard & Poor's "expection that 2015 EBITDA (Earning Before Interest Taxes Depreciation and Amortization) will recover toabove 2013 levels after a significant decline in 2014, primarily driven bystrong pay per view (PPV) buys and event ticket sales because of stronginterest in marquee fights.