Department of Justice Clears Sale of Cvent to Vista Equity Partners

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S&P Assigns 'B-' Rating to Cvent, Inc. (CVT) Amid Recent Merger Deal

November 21, 2016 1:59 PM EST

S&P Global Ratings said it assigned its 'B-' corporate credit rating to Cvent Inc. (NYSE: CVT). The outlook is stable.

At the same time, we assigned our 'B' issue-level rating and '2' recovery rating to the company's $460 million first-lien credit facility, which consists of a $40 million revolver (undrawn at close), and a $420 million first-lien... More