"We believe the transaction will raise 's adjusted leverage from zero to the 1x area upon close, well below our downgrade trigger of 2x," Ratings stated. 1 said its A rating and stable outlook on were unchanged following the M&A disclosure. The company expects to fund the cash portion of the transaction with a combination of new debt and cash on its balance sheet. Morgan for a $10 billion senior unsecured, 364-day bridge loan facility in connection with its planned acquisition of Slack Technologies, which is pegged at $27.7 billion and expected to close in the second quarter of 's fiscal year 2022. disclosed that it has obtained a commitment from Citi, Bank of America and J.P.
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