 Moodys Investors Service, Moodys has today downgraded UPC Holding B.V.s UPC or the company corporate family rating CFR to B1 from Ba3 and probability of default rating PDR to B1-PD from Ba3-PD. Concurrently, Moodys has downgraded the instrument ratings on the senior secured credit facilities issued by UPC Financing Partnership and UPC Broadband Holding BV and the senior secured notes issued by UPCB Finance IV Limited and UPCB Finance VII Limited to B1 from Ba3. 