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  "documentTitle": "Time Warner Inc. (TWX)",
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      "text": "On December 2, 2004, in connection with the acquisition, Cox entered into new credit agreements providing Cox with a five-year unsecured $1.5 billion revolving credit facility...",
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      "text": "As of September 30, 2005, Cox was levered at approximately 5.0x trailing EBITDA, and, as of December 31, 2005, Cox leverage was reduced to an estimated 4.5x...",
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      "text": "Although the resulting leverage exceeds the level appropriate for a ‘BBB-’ rating on an ongoing basis, the ratings incorporate S&P's expectations that Cox has the capacity and commitment to reduce consolidated debt to EBITDA within two years to the low-to-mid 4x area. — S&P",
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      "text": "CHAPTER 3: FINANCIAL STRATEGY AND DEBT CAPACITY",
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