Moody's assigns Baa2 to Campbell Soup's proposed notes
Moody's Ratings (Moody's) assigned Baa2 ratings to senior unsecured notes being offered today in four tranches by Campbell Soup Company ("Campbell"). All other ratings of the company remain unchanged including the Baa2 senior unsecured and Prime-2 commercial paper ratings. The ratings outlook is unc...Campbell Soup is a manufacturer and marketer of food and beverage products. The company's reportable segments are: Meals and Beverages, which includes the retail and foodservice businesses in the United States and Canada, and the meals and shelf-stable beverages business in Latin America; Snacks, which consists of Pepperidge Farm cookies, crackers, fresh bakery and frozen products in United States retail, including Milano cookies and Goldfish crackers, and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products in the United States and Canada.
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