14.06.2016 00:00:00
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Symantec Corporation -- Moody's places Symantec on review for downgrade
New York, June 13, 2016 -- Moody's Investors Service ("Moody's") placed Symantec Corp.'s Baa3 senior unsecured ratings under review for downgrade after the company announced it was raising debt to finance the acquisition of Blue Coat, Inc. while still committed to distributing cash to shareholders.