Moody's assigns Take-Two Interactive Software, Inc. proposed notes Baa2 sr. unsec. ratings; outlook is stable
Moody's Investors Service ("Moody's") assigned Baa2 ratings to Take-Two Interactive Software, Inc. (TTWO) proposed new notes issuance. The company is expected to issue multiple tranches of benchmark size and with multiple tenors. The outlook is stable. On January 10, 2022, TTWO announced an agreemen...Take-Two Interactive Software is a developer, publisher and marketer of interactive entertainment for consumers. The company develops and publishes products principally through its two wholly-owned labels Rockstar Games and 2K, as well as its Private Division label and Social Point, a developer of mobile games. The company's products are designed for console gaming systems such as the Sony Computer Entertainment, Inc. PlayStation?4, Microsoft Corporation Xbox One?, and Xbox 360?, the Nintendo Switch, and personal computers, including smartphones and tablets. The company delivers its products through physical retail, digital download, online platforms and cloud streaming services.
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