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Prospect News home > News index > List of issuers G > Headlines for General Mills, Inc. > News item |
Moody's could lift General Mills
Moody's Investors Service said it placed the long-term debt ratings of General Mills, Inc., including its Baa1 senior unsecured debt rating, under review for upgrade.
The company's Prime-2 commercial paper rating was affirmed and is not under review.
Moody's said the review for upgrade reflects General Mills' growing scale, its diverse portfolio of category leading brands, improved cash flow to debt metrics, and balanced financial policy.
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