ConAgra Foods Aktie
WKN: 861259 / ISIN: US2058871029
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15.04.2014 22:17:00
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Shearer's Foods, LLC (New) -- Moody's: Shearer's Medallion acquisition is a short term credit negative but B2 CFR rating and negative outlook unchanged
New York, April 15, 2014 -- Moody's Investors Service said today that Shearer's Foods LLC's ("Shearer's") ratings including its Corporate Family Rating ("CFR") at B2, and B3 senior secured notes rating as well as its negative outlook remain unchanged after today's $33.5 million tack-on acquisition of Medallion Foods, Inc. ("Medallion") from ConAgra Foods. The transaction will be financed by new (unrated) $40 million sponsor guaranteed senior unsecured demand loan . For further information please see the related issuer comment at www.moodys.com.
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