Moody's: Riverbed loans Ba3

Moody's Investors Service said it assigned to Riverbed Technology, Inc. a first-time Ba3 corporate family rating and a B1 probability of default rating.

The agency also assigned a Ba3 rating to the company's proposed $500 million of senior secured term loans.

The outlook is stable.

Moody's said the Ba3 corporate family rating reflects Riverbed's leading market share and technology leadership in the WAN optimization market segment and its strong financial profile.

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