Moody's Ratings (Moody's) downgraded Proofpoint, Inc.'s (Proofpoint) corporate family rating (CFR) to B3 from B2 and probability of default rating (PDR) to B3-PD from B2-PD driven by the debt funded acquisition of cyber security provider Hornetsecurity Group (Hornetsecurity). We affirmed the B2 rati...
Moody's Ratings (Moody's) said there was no impact to Proofpoint Inc.'s (Proofpoint) ratings including the B2 corporate family rating, B2 senior secured debt ratings or negative outlook on the dividend and term loan upsizing. Proofpoint recently announced an increase in the new term loan to $1.35 b...
Moody's Ratings (Moody's) affirmed Proofpoint Inc.'s (Proofpoint) ratings including its B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR) and revised the outlook to negative from stable on the announcement of a large debt funded dividend recapitalization. The B2 ratings...
Moody's Ratings (Moody's) affirmed Proofpoint Inc.'s (Proofpoint) ratings including its B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR) and revised the outlook to negative from stable on the announcement of a large debt funded dividend recapitalization. The B2 ratings...
Moody's Ratings (Moody's) upgraded Proofpoint, Inc.'s (Proofpoint) Corporate Family Rating (CFR) to B2 from B3 and its Probability of Default Rating to B2-PD from B3-PD. Moody's also affirmed the B2 ratings on the company's upsized senior secured first lien debt facilities. Proofpoint is upsizing...
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