NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) for ConAgra Foods, Inc. (ConAgra) and its subsidiary, Ralcorp Holdings, Inc. (Ralcorp) at 'BBB-' and short-term IDR at 'F3'. The Rating Outlook has been revised to Stable from Negative. A full list of ratings follows at the end of this release. KEY RATING DRIVERS Leverage Expected to Reduce to Low 3.0x The affirmation follows CAG's announcement that it has reached a definitive agreement to sell its ......
↧