(Reuters) - Fitch cut its rating on Kraft to "BBB-plus," three levels
above junk, from "A-minus."
Moody's Investors Service also said it may cut its rating
of Kraft, while Standard & Poor's changed its outlook on Kraft
to negative from stable, indicating a downgrade is more likely
over the next two years, which could raise borrowing costs.
Read more at Reuters.com Mergers News
above junk, from "A-minus."
Moody's Investors Service also said it may cut its rating
of Kraft, while Standard & Poor's changed its outlook on Kraft
to negative from stable, indicating a downgrade is more likely
over the next two years, which could raise borrowing costs.
Read more at Reuters.com Mergers News
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