NEW YORK (Standard&Poor's) Nov. 20, 2007--Standard&Poor's Ratings Services said today it assigned its 'A' senior unsecured debt ratings to Cargill Inc.'s $900 million 6% notes offering due 2017. At the same time, Standard&Poor's affirmed its 'A' long term and 'A-1' short term corporate credit ratings. The outlook is stable. Proceeds are expected to be used for general corporate purposes, including, without limitation, the repayment of outstanding short-term debt. The ratings on Minneapolis, Minn.-based Cargill and related entities are supported by the firm's position as one of the world's leading agribusiness companies, with major market positions in agricultural processing and merchandising, industrial production, and financial services. However, this is partially offset, in Standard&Poor's
