NEW YORK (Standard&Poor's) March 12, 2007--Standard&Poor's Ratings Services said today it lowered the corporate credit and senior unsecured ratings on discount retailer Dollar General Corp. to 'BB+' from 'BBB-' and placed the ratings on CreditWatch with negative implications. These actions follow Goodlettsville, Tenn.-based Dollar General's announcement that it has entered into an agreement to be acquired by affiliates of Kohlberg Kravis Roberts&Co. L.P. ("KKR"). "We will resolve the CreditWatch listing when certainty around the transaction emerges," said Standard&Poor's credit analyst John Thieroff. "The degree of leverage undertaken by the company if the transaction proceeds and an assessment of the new owner's financial policy will be central to our analysis." Complete ratings information
