Fitch rates Micro Focus units’ loans BB+

Fitch Ratings said it assigned Micro Focus International plc a long-term issuer default rating of BB with a stable outlook.

Fitch also assigned a BB issuer default rating to MA FinanceCo., LLC and to Seattle Spinco, Inc. and a senior secured debt rating of BB+/RR1 to their respective first-lien credit facilities.

“Micro Focus has a strong a margin profile that places it at a similar level to highly rated enterprise software peers,” the agency said in a news release.

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