Fitch Assigns BBB Rating on Kroger Notes

CHICAGO — Fitch Ratings here said Thursday it has assigned a rating of BBB (lower medium grade) to Kroger Co.'s $450 million issue of 2.2% notes due in 2017, with a stable outlook.

Kroger issued the notes to fund a contribution to a newly consolidated multi-employer pension fund.

According to Fitch, the rating reflects Kroger's industry-leading sales growth and market share gain, strong cash flow and relat

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