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Published on 2/20/2008 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

S&P rates Chiquita loans B+

Standard & Poor's said it assigned a B+ rating on Chiquita Brands LLC's $400 million senior secured credit facility, which consists of a proposed $200 million six-year senior secured revolving credit facility and $200 million six-year senior secured term loan.

The B+ rating is two notches above the corporate credit rating on parent holding company Chiquita Brands International Inc.


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