Verint Systems (VRNT) Places on CreditWatch Positive - S&P

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Verint Systems (VRNT) Ratings on Review for Upgrade at Moody's

June 11, 2014 11:30 AM EDT

Moody's Investors Service placed Verint Systems Inc.'s (Nasdaq: VRNT) ratings under review for upgrade, including the B1 corporate family rating. The review was prompted by the announcement that Verint plans to raise approximately $300 million of convertible notes and $260 million of equity and use the proceeds to refinance a portion of the senior secured... More