Moody's Rates Delhaize Bonds

BRUSSELS — Moody’s Investors Service has assigned a Baa3 rating to approximately $512 million (U.S.) in new bonds to be issued by Delhaize Group here.

Delhaize said it would use the proceeds of the bond offering to refinance existing debt, including $300 million in U.S. notes due in 2014, and for general corporate purposes. Moody’s defines Baa3 as the riskiest category of investment grade credit. T

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