Form 8-K SYMANTEC CORP For: Jun 25
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S&P Removes Symantec (SYMC) from CreditWatch Negative
June 30, 2016 3:50 PM EDTS&P Global Ratings said it affirmed its 'BBB-' corporate credit rating on Symantec Corp. (Nasdaq: SYMC), and removed all ratings from CreditWatch, where we had placed them with negative implications on June 13, 2016. The outlook is negative.
We also assigned our 'BBB-' issue-level rating to Symantec's announced $2.8 billion unsecured term loans and $1.25 billion convertible notes. In addition, we affirmed our 'BBB-' rating on Symantec's existing unsecured debt.
"The rating actions... More
