S&P puts Websense on positive watch

Standard & Poor’s said it placed its B corporate credit rating, B+ issue ratings (senior secured revolving credit facility and first-lien term loan) and CCC+ issue rating (second-lien term loan) on Websense Inc. on CreditWatch with positive implications.

“The CreditWatch placement follows the announcement that Raytheon Co. has agreed to acquire Websense from private equity firm Vista Equity Partners for $1.9 billion,” said S&P credit analyst Minesh Shilotri in a news release.

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