S&P puts Hasbro on CreditWatch negative

S&P said it put Hasbro Inc.’s BBB and senior unsecured ratings on CreditWatch with negative implications on its proposed acquisition of Entertainment One Ltd. for about $4 billion in cash.

Hasbro plans to use a mix of equity and debt to finance the acquisition. S&P said it assumes Hasbro will finance $2.75 billion to $3 billion through debt issuances.

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