• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Research Update: Pinnacle Foods Finance LLC Assigned 'B' Corp Credit Rating Jan 12 Product Image

Research Update: Pinnacle Foods Finance LLC Assigned 'B' Corp Credit Rating Jan 12

  • ID: 2046428
  • January 2012
  • Standard & Poors

FEATURED COMPANIES

  • ConAgra Foods Inc.
  • Pinnacle Foods Group LLC
  • MORE

Abstract
We assigned U.S.-based Pinnacle Foods Finance LLC a 'B' corporate credit rating. The outlook is stable. We affirmed all existing issue-levels ratings at Pinnacle Foods Finance LLC as well as the corporate credit rating at Pinnacle Foods Group LLC, the guarantor of the company's debt. The ratings on Pinnacle Foods Finance LLC reflect its highly leveraged financial profile and fair business profile. We view Pinnacle's financial profile as highly leveraged. Standard & Poor's Ratings Services today assigned its 'B' corporate credit rating to U.S.-based Pinnacle Foods Finance LLC. All rated debt, including the company's senior secured credit facilities and subordinated notes, reside at this entity. The outlook is stable. In addition, we are affirming all existing issue-level ratings at Pinnacle...

Companies mentioned in this report are:
- Pinnacle Foods Finance LLC
- ConAgra Foods Inc.
- Mondelez International Inc.
- Pinnacle Foods Group LLC
- Pinnacle Foods Finance Corp.

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, READ MORE >

- Pinnacle Foods Finance LLC
- ConAgra Foods Inc.
- Mondelez International Inc.
- Pinnacle Foods Group LLC
- Pinnacle Foods Finance Corp.

Note: Product cover images may vary from those shown

RELATED PRODUCTS