Fitch: DigiCert unaffected by upsized loans

Fitch Ratings said DigiCert's upsized $1.35 billion first-lien secured term loan and $500 million second-lien secured term loan will not affect the company's current ratings.

Proceeds will be used for the $950 million acquisition of Symantec's Website Security Service that was announced on Aug. 2, repayment of DigiCert's existing $325 million debt and repayment of outstanding series A common stock.

The outlook is stable.

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