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Moody's: Yum! unchanged
Moody's Investors Service said that Yum! Brands, Inc.'s Baa3 senior and Baa2 guaranteed senior ratings and stable rating outlook will not be affected by the company's announcement that it has placed its Long John Silver's and A&W All-American Food Restaurants up for sale.
The last rating action on Yum occurred on Aug. 20, 2008, when Moody's lowered the non-guaranteed senior ratings to Baa3 from Baa2 and the guaranteed senior bank facility rating to Baa2 from Baa1.
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