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

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