CHICAGO (Standard&Poor's) Dec. 19, 2012--Standard&Poor's Ratings Services said today that it affirmed the 'CCC+' rating on Rosemont, Ill.-based US Foods Inc.'s (USF) upsized $975 million senior unsecured notes, which includes the proposed $175 million add-on. The recovery rating on the notes is '6', indicating our expectation of minimal 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, in combination with a modest amount of cash, will be used to repay about $165 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
