...+ SS&C Technologies Holdings Inc., a global provider of financial services software and software-enabled solutions for administration and servicing, has agreed to acquire Eze Software Group LLC, an investment management software provider, for $1.45 billion in cash. + The company will fund the acquisition with the proceeds from a proposed $950 million add-on to its existing term loan B-3 and cash on hand. + We are assigning our '##' issuer credit rating to SS&C Technologies Holdings Inc. + The negative outlook reflects our view of the company's continued high leverage, which will remain in excess of 5x following the close of its acquisition of Eze Software. The outlook also reflects the risks associated with integrating Eze at the same time as it integrates DST Systems, which could potentially cause its leverage to remain above 5x if its operations are disrupted. While we expect SS&C to reduce its leverage below 5x in the 12 months following the close of the transaction, the company's current...
