Fitch Affirms Risky Rating for Supervalu

CHICAGO — Fitch Ratings here on Friday said it affirmed its ‘CCC’ default ratings on Supervalu, saying the divestitures announced Thursday reduced its exposure to competitive pressures, but are offset by slightly higher debt leverage and deteriorating conditions at its legacy businesses.

The ‘CCC’ rating represents extremely high risk.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.