Moody’s Notes Impact of Pension Obligations

NEW YORK — Estimated multi-employer pension-plan funding shortfalls will weaken the financial leverage metrics of U.S. supermarkets, but most companies’ debt ratings will not be affected, Moody’s said Tuesday.

"Supermarkets will need to redirect an increasingly large share of cash flow toward funding their multi-employer pension plans, although we do not expect any sudden or near-term increase in pension-funding contributions," said M

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