Logistics software provider E2open, carrying a heavy amount of leverage, had its debt rating affirmed by S&P Global Ratings in a review triggered by its recent acquisition of Logistyx Technologies.
E2open (NYSE: ETWO) became a public company for a second time in early 2021 via CC Neuberger Principal Holdings, a special purpose acquisition company. But though the transaction left it with greater debt, its operations are generating enough cash that S&P, in its review of the company’s debt...