ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed - S&P Global Ratings’ Credit Research

ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed

ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed - S&P Global Ratings’ Credit Research
ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed
Published Sep 04, 2001
564 words — Published Sep 04, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Sept. 4, 2001--Standard&Poor's today assigned its triple-'B'-plus rating to ConAgra Foods Inc.'s $2.0 billion senior unsecured debt issue. Proceeds will be used to repay ConAgra's outstanding commercial paper and for general corporate purposes. At the same time, Standard&Poor's affirmed its triple-'B'-plus long-term corporate credit and senior unsecured debt ratings as well as its triple-'B' subordinated debt rating on ConAgra. The 'A-2' short-term corporate credit and commercial paper ratings for the company also were affirmed. The outlook is stable. About $6.9 billion of debt was outstanding as of May 27, 2001. The ratings reflect ConAgra Foods Inc.'s relatively low business risk derived from a diverse portfolio of leading packaged-food brands as well

  
Brief Excerpt:

RESEARCH ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated '###+'; Ratings Affirmed Publication date: 04-Sep-2001 NEW YORK (Standard & Poor's) Sept. 4, 2001--Standard & Poor's today assigned its triple-'B'-plus rating to ConAgra...

  
Report Type:

Ratings Action

Ticker
CAG
Issuer
Conagra Brands Inc.
GICS
Packaged Foods & Meats (30202030)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

Summary: ConAgra Foods Inc. – 2001/09/19 – US$ 225.00

Summary: ConAgra Foods Inc. – 2001/10/09 – US$ 225.00

ConAgra Foods Inc. – 2002/01/11 – US$ 500.00

Summary: ConAgra Foods Inc. – 2002/01/11 – US$ 225.00

Summary: ConAgra Foods Inc. – 2002/03/12 – US$ 225.00

Summary: ConAgra Foods Inc. – 2001/08/10 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed" Sep 04, 2001. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/ConAgra-Foods-Inc-s-2-Billion-Senior-Unsecured-Debt-Rated-BBB-Ratings-Affirmed-208207>
  
APA:
S&P Global Ratings’ Credit Research. (). ConAgra Foods Inc.'s $2 Billion Senior Unsecured Debt Rated 'BBB+'; Ratings Affirmed Sep 04, 2001. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/ConAgra-Foods-Inc-s-2-Billion-Senior-Unsecured-Debt-Rated-BBB-Ratings-Affirmed-208207>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.