Moody's: Yum! facility Baa2

Moody's Investors Service said it assigned a Baa2 rating to Yum! Brands, Inc.'s proposed $1.3 billion guaranteed senior unsecured five-year revolving credit facility.

The company's Baa3 senior unsecured and provisional Baa3 shelf ratings were affirmed.

The outlook is stable.

The proposed $1.3 billion credit facility will replace the company's existing $1.15 billion revolver rated Baa2 and $350 million revolver, which both expire in November 2012.

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