24.12.2015 01:05:00

Pinnacle Foods Finance LLC -- Moody's confirms Pinnacle Foods at Ba3; secured debt still under review

New York, December 23, 2015 -- Moody's Investors Service ("Moody's") today confirmed the Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, and B2 senior unsecured debt instrument rating of Pinnacle Foods Finance, LLC ("Pinnacle"). Pinnacle's Ba2 senior secured rating remains under review for downgrade, pending the final structure and terms of a contemplated debt financing, which could affect this rating. The Speculative Grade Liquidity rating, which was not affected by the review, is affirmed at SGL-2.

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