We expect U.S. Foodservice's refinancing to lower interest costs and modestly improve credit metrics. We are assigning our 'B' corporate credit rating to the U.S.-based food service distributor. We are also assigning our 'B-' rating to the company's $425 million senior secured term loan and 'CCC+' rating to the $400 million senior unsecured notes. The stable outlook reflects our expectation that the company should be able to absorb some food and fuel cost inflation without a meaningful deterioration in credit metrics. On May 19, 2011, Standard&Poor's Rating Services assigned its 'B' corporate credit rating to Rosemont, Ill.-based U.S. Foodservice Inc. (USF). At the same time, we assigned our 'B-' rating to the company's $425 million senior secured term
