Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research

Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable

Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable - S&P Global Ratings’ Credit Research
Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable
Published Feb 09, 2000
664 words — Published Feb 09, 2000
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Abstract:

NEW YORK (Standard & Poor's CreditWire) Feb. 9, 2000--Standard & Poor's today assigned its triple-'B'-plus rating to Darden Restaurants Inc.'s $300 million revolving credit facility that matures in 2004. At the same time, Standard & Poor's affirmed its triple-'B'-plus long-term corporate credit, senior unsecured debt, and bank loan ratings on Darden and its triple-'B'-plus preliminary senior unsecured shelf rating on the company. Standard & Poor's also affirmed its 'A-2' short-term corporate credit and commercial paper ratings on Darden. The $300 million unsecured revolving credit agreement is rated the same as the corporate credit and senior unsecured debt ratings, reflecting the lenders' equal status with other senior unsecured creditors. The outlook is stable. The ratings on Darden reflect the company's relatively

  
Brief Excerpt:

RESEARCH Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated '###+'; Outlook Stable Publication date: 09-Feb-2000 NEW YORK (Standard & Poor's CreditWire) Feb. 9, 2000--Standard & Poor's today assigned its triple-'B'-plus...

  
Report Type:

News

Issuer
Sector
Corporations, Global Issuers, Retail
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MLA:
S&P Global Ratings’ Credit Research. "Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable" Feb 09, 2000. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Darden-Restaurants-Inc-300-Million-Revolving-Credit-Facility-Rated-BBB-Outlook-Stable-140532>
  
APA:
S&P Global Ratings’ Credit Research. (). Darden Restaurants Inc. $300 Million Revolving Credit Facility Rated 'BBB+'; Outlook Stable Feb 09, 2000. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Darden-Restaurants-Inc-300-Million-Revolving-Credit-Facility-Rated-BBB-Outlook-Stable-140532>
  
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