Technology | 2016.05.27
Fitch Affirms Computer Sciences' Rating on Merger With HPE's Enterprise Services; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings for Computer Sciences Corporation (CSC), including the \'BBB\' Long-Term Issuer Default Ratings (IDR), on its plan to merge with Hewlett Packard Enterprise\'s (HPE) information technology (IT) services segment, Enterprise Services (ES). Fitch\'s actions affect $5.1 billion of total debt, including the undrawn $2.5 billion revolving credit facility (RCF). The Rating Outlook is Stable. A full list of ratings follows at the end of this r
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