Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing - S&P Global Ratings’ Credit Research

Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing

Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing - S&P Global Ratings’ Credit Research
Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing
Published Jan 29, 2010
1075 words — Published Jan 29, 2010
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Abstract:

Verint recently announced that it will be unable to file audited financial statements covering the fiscal years ended January 2006 through 2009, as well as quarterly interim statements for 2009, by Jan. 29, 2010. We are placing our ratings on Verint, including the 'B' corporate credit rating, on CreditWatch Developing. In resolving the CreditWatch, we will monitor Verint's progress in meeting the financial reporting requirements contained in its senior secured credit facility. NEW YORK (Standard&Poor's) Jan. 29, 2010--Standard&Poor's Rating Services said today it placed its ratings on Melville, N.Y.-based Verint Systems Inc., including the 'B' corporate credit rating, on CreditWatch with developing implications, which indicates that we could raise or lower the ratings. These actions follow

  
Brief Excerpt:

RESEARCH Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing Publication date: 29-Jan-2010 Primary Credit Analyst: Susan Madison, New York (1) 212-438-4516; susan_madison@standardandpoors.com Verint recently announced...

  
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Ratings Action

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Application Software (45103010)
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Global Issuers
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing" Jan 29, 2010. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Verint-Systems-Inc-B-Corporate-Credit-Rating-On-Watch-Developing-772171>
  
APA:
S&P Global Ratings’ Credit Research. (). Verint Systems Inc. 'B' Corporate Credit Rating On Watch Developing Jan 29, 2010. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Verint-Systems-Inc-B-Corporate-Credit-Rating-On-Watch-Developing-772171>
  
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