New York, August 07, 2015 — Moody’s Investors Service (Moody’s) said that there is no impact on Aricent Technologies’ (“Aricent”) B2 corporate family rating (“CFR”), B1 (LGD3) first lien term loan rating or Caa1 (LGD5) second lien term loan rating, following the announcement of a proposed approximate $180 million acquisition by Aricent of an undisclosed semiconductor design & embedded software company (“Acquisition”).

Please see the recent issuer comment on moodys.com for more information.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Colin Monaghan
Vice President – Senior Analyst
Corporate Finance Group
Moody’s Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
U.S.A.
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

Lenny J. Ajzenman
Associate Managing Director
Corporate Finance Group
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

Releasing Office:
Moody’s Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
U.S.A.
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

Source URL: https://www.moodys.com/research/Moodys-Aricents-proposed-approximate-180-million-acquisition-is-credit-neutral–PR_331655