Moody's assigns Sodexo notes Baa1

Moody's Investors Service said it assigned Baa1 ratings to the $500 million of guaranteed senior unsecured notes due 2026 and the $750 million of guaranteed senior unsecured notes due 2031, which will be both issued by Sodexo Inc., a wholly owned subsidiary of Sodexo SA. The long-term issuer rating of Baa1 at Sodexo SA is unchanged.

Proceeds will be used for general corporate purposes.

The outlook on both companies is stable.

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