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S&P: Riverbed loan unaffected
Standard & Poor's said the upsizing of Riverbed Technology Inc.'s term loan due 2019, to $575 million from $500 million, does not affect the BBB- issue-level rating or 1 recovery rating on the loan.
As a result of the upsizing, the agency said it estimate that the company's adjusted leverage will only increase modestly, to 2.6x from 2.3x for fiscal 2012.
The BB corporate credit rating and stable outlook on the company remain unchanged.
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