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Published on 5/31/2012 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

S&P rates BRF Brasil notes BBB-

Standard & Poor's said it assigned its BBB- rating on BRF Brasil Foods SA's planned senior unsecured notes due 2022.

The agency said the rating reflects the credit quality of BRF Brasil's consolidated figures and the new notes' lack of structural subordination to other debt.

S&P said its ratings on BRF Brasil reflect its satisfactory business profile, intermediate financial profile and adequate liquidity.


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