Moody's assigns first-time B3 CFR to Electronics for Imaging; outlook stable
Rating Action: Moody's assigns first-time B3 CFR to Electronics for Imaging; outlook stable. Global Credit Research- 17 Jun 2019. New York, June 17, 2019-- Moody's Investors Service assigned a B3 Corporate Family Rating and B3-PD Probability of Default Rating to Electronics for Imaging, Inc. in connection with the pending take private transaction by Siris Capital Group, LLC and new debt issuance.Electronics for Imaging is engaged in digital printing, focusing on the printing, packaging, ceramic tile decoration and textile industries. The company's product portfolio includes industrial super-wide and wide format digital inkjet products including VUTEk display graphics super-wide and wide format, Nozomi corrugated packaging, Reggiani textile, Cretaprint ceramic tile decoration and building material industrial digital inkjet printers and ink; print production workflow, web-to-print, cross-media marketing, Optitex textile two-dimensional and three-dimensional computer aided fashion design applications, business process automation software and Fiery digital front ends.
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