...NEW YORK (S&P Global Ratings) April 1, 2020--S&P Global Ratings today assigned its '###' issue-level rating to Goodlettsville, Tenn.-based Dollar General Corp.'s proposed senior unsecured notes. The notes will rank pari passu with the company's existing senior unsecured debt. We believe the company will use the net proceeds from this offering for general corporate purposes, including potentially for short-term investments, such as cash, cash equivalents, and marketable securities. All of our existing ratings on the company, including our '###' long-term issuer credit rating, remain unchanged. At this time, we believe Dollar General has sufficient financial flexibility to maintain credit measures within our expected range for the current rating notwithstanding the near-term disruption stemming from the coronavirus pandemic. We forecast that the company's S&P-adjusted debt leverage will remain below the mid-3x area through this year, which is our downside trigger for the current rating, and...
