02-06-2013, 04:02 PM
If interest rates go up, will it be 'Gateway Time' for Dell? http://www.forbes.com/sites/steveschaefe...4b-buyout/
You break me up, Mike
"Founder Michael Dell and private equity firm Silver Lake Partners have agreed to buy Dell in a $24.4 billion deal that will load debt onto the PC-maker, and Standard & Poor’s says the transaction could cost the company its investment-grade credit rating.
The likely outcome is a cut to Dell’s corporate credit rating to no higher than BB and perhaps to a single B level, according to S&P analyst Martha Toll-Reed."
You break me up, Mike
"Founder Michael Dell and private equity firm Silver Lake Partners have agreed to buy Dell in a $24.4 billion deal that will load debt onto the PC-maker, and Standard & Poor’s says the transaction could cost the company its investment-grade credit rating.
The likely outcome is a cut to Dell’s corporate credit rating to no higher than BB and perhaps to a single B level, according to S&P analyst Martha Toll-Reed."