22.08.2013 14:00:00
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Cyber Threat Protection, WLAN Upgrades, Term Loan Refinancing, Facility Amendments, and Exchange Offer Results - Research Report on Palo Alto Networks, Level 3, Aruba, NeuStar, and Alcatel-Lucent
NEW YORK, August 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Palo Alto Networks, Inc. (NYSE: PANW), Level 3 Communications Inc. (NYSE: LVLT), Aruba Networks, Inc. (NASDAQ: ARUN), NeuStar, Inc. (NYSE: NSR) and Alcatel-Lucent, S.A. (NYSE: ALU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Palo Alto Networks, Inc. Research Report
On August 12, 2013, Palo Alto Networks, Inc. (Palo Alto Networks) reported that the Company's WildFire malware analysis sandbox can now analyze Android applications in the APK file format to diagnose advanced threats in Android applications. René Bonvanie, Chief Marketing Officer at Palo Alto Networks, commented, "Smart-phones and tablets are rapidly becoming as powerful and as common as PCs on the enterprise network. Protecting these devices from cyber threats is one of the rapidly emerging fronts in cybersecurity, and with this functionality in the WildFire sandbox we provide an easy way for enterprises to protect themselves from these threats. The Palo Alto Networks approach is a practical and effective approach, allowing for centralized enforcement and prevention at the network level, without worrying about the power consumption and performance concerns often common in endpoint solutions." The Full Research Report on Palo Alto Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4cd6_PANW ]
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Level 3 Communications Inc. Research Report
On August 16, 2013, Level 3 Communications Inc. (Level 3 Communications) reported that its subsidiary, Level 3 Financing, Inc., has successfully completed the marketing of the refinancing of its senior secured Tranche B 2016 Term Loan, following the successful refinancing of its $815 million Tranche B 2019 Term Loan. The Company informed that the $595.5 million Tranche B 2020 Term Loan bears interest at LIBOR plus 3.0%, with a minimum LIBOR of 1%, and matures on January 15, 2020. The Tranche B 2016 Term Loan has an interest rate of LIBOR plus 3.25%, with a minimum LIBOR of 1.50% and a maturity date of August 1, 2016. According to the Company, the expected reduction in interest rates as a result of this transaction is anticipated to result into savings of approximately $4.5 million of cash interest expense on an annualized basis. The Full Research Report on Level 3 Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/fa4c_LVLT ]
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Aruba Networks, Inc. Research Report
On August 14, 2013, Aruba Networks, Inc. (Aruba) reported that Durham Catholic District School Board (DCDSB) chose to upgrade its wireless LAN (WLAN) with an enterprise-class solution from Aruba. Tailored to support DCDSB's 21st Century education initiative, the new WLAN features a combination of Aruba Instant controller-less access points (APs) and controller-based APs, along with remote APs (RAPs), enabling the School Board support the various wireless needs in each of its facilities. Sylvia Hooks, Director, Product Marketing for Aruba, commented, "Aruba is the only WLAN vendor to offer both controller-less and controller-based deployments on a single architecture. This allows school districts like DCDSB to not only mix and match between the two architectures based on their initial needs, but to also alter their deployment as their requirements change over time. With Aruba, school districts can keep 100 percent of their initial investment since switching from controller-less to controller-based APs doesn't require any hardware changes." The Full Research Report on Aruba Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2b3e_ARUN ]
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NeuStar, Inc. Research Report
On August 8, 2013, NeuStar, Inc. (NeuStar) reported results of its offer to exchange (the Exchange Offer) up to $300 million aggregate principal amount of its outstanding 4.5% Senior Notes due 2023 (the Outstanding Notes) for a like principal amount of its new 4.5% Senior Notes due 2023 (the Exchange Notes). Based on information from the exchange agent, The Bank of New York Mellon Trust Company, N.A., approximately $300.0 million aggregate principal amount (or 100%,) of the privately placed 4.50% Senior Notes due 2023 were tendered for exchange in the Exchange Offer. The Exchange Offer expired at 5:00 p.m., New York City time, on August 5, 2013. The Full Research Report on NeuStar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ca28_NSR ]
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Alcatel-Lucent, S.A. Research Report
On August 16, 2013, Alcatel-Lucent, S.A. (Alcatel-Lucent) reported that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., has entered into amendments to its Senior Secured Credit Facilities (the Facilities), announced on January 30, 2013. According to the Company, the amendments have the effect of changing certain covenants governing the Facilities, decreasing the interest rate on the $1.8 billion 7.25% Senior Secured Term Loan Facility due 2019 (the Dollar tranche) to 5.75% and decreasing the interest rate on the €300 million 7.50% Senior Secured Term Loan Facility due 2019 (the Euro tranche) to 6.25%. The Company stated that these amendments are part of the Shift Plan announced by it in June 2013. These modifications are part of the Shift Plan declared by the company on June 2013. The Full Research Report on Alcatel-Lucent, S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b021_ALU ]
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SOURCE Analysts' Corner
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