Fitch affirms Del Monte

Fitch Ratings said it affirmed the following ratings of Del Monte Foods Co. and Del Monte Corp.

The outlook is stable.

The agency said that affected ratings include Del Monte Foods' long-term issuer default rating at BB and Del Monte Corp.'s long-term issuer default rating at BB, senior secured bank facility at BB+ and senior subordinated notes at BB-.

According to Fitch, Del Monte's ratings reflect the company's balanced financial strategy, solid cash flow generation and leading number-one and number-two market positions in many of the categories in which it competes.

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