CHICAGO (Standard&Poor's) Jan. 11, 2013--Standard&Poor's Ratings Services said today that the 'CCC+' rating on Rosemont, Ill.-based US Foods Inc.'s (USF's) upsized $1.175 billion senior unsecured notes due 2019, which includes the proposed $200 million add-on, is unchanged. The recovery rating on the notes is '6', indicating our expectation of negligible recovery (0% to 10%) for note holders in the event of a payment default or bankruptcy. We expect that the proceeds from the add-on offering will be used to repay over $190 million of USF's 11.25% senior subordinated notes, the related make-whole premium, and fees. The ratings are subject to change and assume the transaction is closed on substantially the terms presented to us. All of
