US Foods Inc. is planning to refinance its $700 million senior secured term loan due 2014 with a $350 million add-on secured term loan and a $350 million add-on senior unsecured note. We are assigning our 'B-' issue-level rating to the foodservice distributor's proposed upsized $1.587 billion term loan and leaving the 'CCC+' issue-level rating on the proposed upsized $750 million senior notes unchanged. We are also affirming our 'B' corporate credit rating on the company. The stable outlook reflects our view that the company should be able to maintain credit measures at or slightly better than current levels, despite prospects for elevated food costs, and the improved pro forma liquidity profile. CHICAGO (Standard&Poor's) Nov. 30, 2012--Standard&
