|Bid||40.82 x 1200|
|Ask||41.11 x 1100|
|Day's Range||40.53 - 44.07|
|52 Week Range||4.60 - 50.89|
|Beta (5Y Monthly)||1.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 19, 2020|
|1y Target Est||45.00|
Rating Action: Moody's affirms Plantronics' Ba3 CFR and assigns B2 rating to proposed notes; outlook remains negativeGlobal Credit Research - 23 Feb 2021New York, February 23, 2021 -- Moody's Investors Service, ("Moody's") affirmed Plantronics, Inc.'s ratings including the Ba3 Corporate Family Rating ("CFR"), Ba2 senior secured debt ratings and B2 senior unsecured notes rating. Moody's also assigned a B2 rating to the company's proposed senior unsecured note offering. The outlook remains negative.The affirmation of the ratings reflect strength of Plantronics's market positions and favorable outlook for the overall market for audio and video office communications devices.
Poly (NYSE: PLT) today introduced the Savi 7300 Office Series, the latest addition in the company's lineup of popular Savi wireless headsets. The Savi 7300 Office Series, designed with enhanced DECT™ security and Poly's best-in-class audio, delivers confidence that you're getting the highest degree of privacy and call clarity for all conversations, even in shared spaces like call centers and customer service hubs.
Poly (NYSE: PLT) (the "Company"), a global outfitter of professional-grade audio and video technology, today announced its intention to offer $500 million aggregate principal amount of new senior notes due 2029 (the "2029 Notes"). The Company intends to use the proceeds from the offering of the 2029 Notes, along with cash on hand, to fund the redemption in full of the Company's outstanding 5.50% Senior Notes due 2023 (the "2023 Notes") and to pay related fees and expenses. To the extent the net proceeds from the sale of the 2029 Notes exceeds the aggregate redemption price of the 2023 Notes, the Company will use such excess for general corporate purposes, including repaying amounts outstanding under its secured term loan.