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Published on 5/8/2014 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P rates Hasbro notes BBB

Standard & Poor's said it assigned its BBB issue-level rating to Hasbro Inc.'s planned aggregate $600 million senior notes.

The company is offering the notes in two tranches; one due in 2021 and the other due in 2044.

All other ratings are unchanged.

Hasbro plans to use the proceeds from the notes issuances to repay its maturing $425 million senior notes due May 2014 and for general corporate purposes.


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