Moody's Affirms Bi-Lo Rating Amid Debt Offering

NEW YORK — Moody’s Investors Service on Wednesday said it affirmed its B2 rating on Bi-Lo and assigned a B3 rating to $140 million in new debt to be used to pay its owner Lone Star Funds.

Moody’s said the ratings acknowledge an “aggressive” debt posture but also reflect that Bi-Lo has continued to execute effectively, including improved performance at

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