Fitch Upgrades Supervalu Rating

CHICAGO — In anticipation of the closing of the Supervalu-Cerberus transaction next month, Fitch Ratings here said Friday it has upgraded its Issuer Default Rating on Supervalu to B-minus from CCC.

It also said it has assigned ratings of BB-/RR1 to the company' new $900 million asset-based lending facility and its $1.5 billion secured term loan, with a stable rating outlook. At the same Fitch said

Register to view the full article

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.