Fitch gives Conagra notes BBB-

Fitch Ratings said it gave a BBB- rating to Conagra Brands, Inc.'s planned three-year $500 million of senior unsecured notes.

The agency affirmed Conagra’s BBB- issuer and senior unsecured ratings on Dec. 15 and then reviewed them again on April 18.

Conagra plans to use the proceeds for general corporate purposes, including the repayment of the $500 million notes due August 2023.

The outlook is stable.

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