Moody's reviews Keysight's Baa3 senior unsecured ratings for downgrade on announced bid for IXIA
New York, January 30, 2017-- Moody's Investors Service placed Keysight Technologies, Inc.' s senior unsecured ratings, on review for downgrade following Keysight's announcement that it submitted an offer to acquire IXIA for $19.65 cash per share or about $1.7 billion. Keysight plans to fund the acquisition largely with debt, but may raise a portion of the funding through an equity offering. The acquisition will diversify Keysight's end market exposure, expanding Keysight into...
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