E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/24/2008 in the Prospect News Investment Grade Daily.

Fitch affirms Flowers Foods

Fitch Ratings said it affirmed the issuer default rating and outstanding debt ratings of Flowers Foods Inc. as follows: issuer default rating BBB and senior unsecured credit facility BBB.

The outlook is stable.

On June 23, Flowers announced that it has entered into a definitive merger agreement with Holsum Bakery, Inc., the agency said.

Under the agreement, Fitch added that Holsum will merge with and into a wholly owned subsidiary of Flowers.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.