NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the ‘BBB-‘ Issuer Default Rating (IDR) assigned to Discovery Communications, LLC (Discovery). The Rating Outlook is Stable. A full list of Fitch’s ratings on Discovery follows at the end of this release. The company had approximately $8.1 billion of debt outstanding as of Sept. 30, 2016. KEY RATING DRIVERS Room within Revised Leverage Target: Discovery’s revised its leverage target upward in November 2015 to 3.25x-3.4x as part of its ongoing
