FLEMING'S CREDIT RATINGS DIVE

DALLAS -- As Fleming here tries to restructure its debt in more favorable terms, three ratings agencies in New York downgraded the distributor's credit because of questions about its long-term financial health.ing said Kmart has agreed to pay $37 million in cash to settle those claims -- a significant difference from the $1.47 billion Fleming originally said it was owed.Fleming said it has hired Glass

DALLAS -- As Fleming here tries to restructure its debt in more favorable terms, three ratings agencies in New York downgraded the distributor's credit because of questions about its long-term financial health.

ing said Kmart has agreed to pay $37 million in cash to settle those claims -- a significant difference from the $1.47 billion Fleming originally said it was owed.

Fleming said it has hired Glass & Associates, a turnaround management firm based in Canton, Ohio, to h

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