KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5) - S&P Global Ratings’ Credit Research

KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5)

KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5) - S&P Global Ratings’ Credit Research
KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5)
Published Jul 23, 2013
1337 words — Published Jul 23, 2013
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About This Report

  
Abstract:

OVERVIEW Romeoville, Ill.-based KeHE Distributors Holdings LLC's wholly owned subsidiaries KeHE Distributors LLC and KeHE Finance Corp. are issuing $200 million second-lien notes to refinance existing debt and redeem preferred stock. We are assigning a 'B+' corporate credit rating to KeHE Distributors Holdings LLC and a 'B' issue-level rating with a '5' recovery rating to the proposed $200 million second-lien notes due 2021. The stable outlook reflects our view that good growth prospects and the company's niche market position will support KeHE's operating results in 2013. NEW YORK (Standard&Poor's) July 23, 2013--Standard&Poor's Ratings Services said today it assigned a 'B+' corporate credit rating to KeHE Distributors Holdings LLC. The outlook is stable. KeHE Distributors Holdings is

  
Brief Excerpt:

RESEARCH KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5) Publication date: 23-Jul-2013 Primary Credit Analyst: Ana Lai, CFA, New York (1) 212-438-6895; ana.lai@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
KeHE Distributors Holdings LLC
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5)" Jul 23, 2013. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/KeHE-Distributors-Holdings-LLC-Rated-B-Outlook-Stable-Subsidiaries-Second-Lien-Notes-Rated-B-Recovery-5-1165766>
  
APA:
S&P Global Ratings’ Credit Research. (). KeHE Distributors Holdings LLC Rated 'B+', Outlook Stable; Subsidiaries' Second-Lien Notes Rated 'B' (Recovery: 5) Jul 23, 2013. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/KeHE-Distributors-Holdings-LLC-Rated-B-Outlook-Stable-Subsidiaries-Second-Lien-Notes-Rated-B-Recovery-5-1165766>
  
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