NYT: Moody's cuts Univision's rating to B2.

"Moody’s recently downgraded the firm’s probability-of-default rating to B2 from B1, saying the company won’t be able to de-leverage as soon as Moody’s previously thought. And Univision is having a hard time selling assets for top dollar, as the credit crunch has made it hard to get a loan."

http://dealbook.blogs.nytimes.com/2008/08/20/at-univision-high-leverage-creates-drama/