NY -- Standard&Poor's CreditWire 12/6/95 -- Standard&Poor's places its double-`B'-minus subordinated debt and double-`B'-plus corporate credit ratings of Rykoff-Sexton Inc. on CreditWatch with negative implications following Rykoff's announcement of its proposed merger with U.S. Foodservice Inc. Rated debt affected totals $130 million. Under the terms of the proposed merger, each share of US Foodservice common stock would be exchanged for $25.00 in value of Rykoff's common stock, subject to a minimum of 11.0 million and a maximum of 12.9 million shares of Rykoff's common stock. Despite an equity component in the proposed capital structure, debt levels will increase materially, raising financial risk of the combined entity. Furthermore, there is the integration risk of combining two operations
