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Prospect News home > News index > List of issuers L > Headlines for Levi Strauss & Co. > News item
Published on 2/2/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates Levi notes BB

Fitch Ratings said it gave a BB/RR4 rating to Levi Strauss & Co.’s proposed $500 million in senior unsecured notes due 2031.

Fitch also affirmed Levi’s ratings, including its BB long-term issuer default rating, ABL at BBB-/RR1 and unsecured notes at BB/RR4.

Proceeds and $300 million in cash on hand will be used to pay down $800 million of unsecured notes due 2025.

The outlook is negative.


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