Moody's places Plantronics ratings under review for upgrade after HP acquisition announcement
Rating Action: Moody's places Plantronics ratings under review for upgrade after HP acquisition announcement. Global Credit Research- 29 Mar 2022. New York, March 29, 2022-- Moody's Investors Service placed Plantronics, Inc.' s Ba3 corporate family rating, Ba3-PD probability of default rating, Ba2 secured debt facilities and B2 senior unsecured debt rating on review for upgrade following the announcement that the company has entered into an agreement to be acquired by HP Inc. in...Plantronics is a designer, manufacturer, and marketer of communications and collaboration solutions that span headsets, Open SIP desktop phones, audio and video conferencing, cloud management and analytics software solutions, and services. The company's main product categories are Enterprise Headsets, which includes corded and cordless communication headsets; Consumer Headsets, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming; Voice, Video, and Content Sharing Solutions, which includes Open SIP desktop phones, conference room phones, and video endpoints, including cameras, speakers, and microphones.
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