On Jan. 22, 2008, Standard&Poor's Ratings Services assigned its 'A' senior unsecured debt rating to Cargill Inc.'s new debt issuances: a $75 million floating note issue due Jan. 22, 2010, a $250 million floating rate note issue due Jan. 21, 2011, and a $1 billion 5.2% fixed rate note issue due Jan. 22, 2013. These debt offerings are drawdowns under the company's U.S. medium-term note program. Proceeds will be used to refinance existing debt and for general corporate purposes. The ratings on Minnetonka, Minn.-based Cargill Inc. 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,
