Obviously investor appetite is out there. There could well be other situations.

This is company that had ample liquidity but it didn’t have all that liquidity in the United States. They wanted to maintain huge financial flexibility.

At $50 to $60 a share, that was probably the right currency to buy high-flying tech companies. For companies that are maturing, sometimes debt is the right currency.

The ratings continue to reflect the company’s good positions in that market and other related industries, strong balance sheet and good cash-flow-generating capacity.