Moody's rates Kroger's new notes Baa1
Rating Action: Moody's rates Kroger's new notes Baa1. Global Credit Research- 06 Jan 2020. New York, January 06, 2020-- Moody's Investors Service today assigned a Baa1 rating to The Kroger Co.' s new senior unsecured notes.Kroger operates as a retailer. The company also manufacture and process some of the food for sale in its supermarkets. Supermarkets are operated under one of the following formats: combination food and drug stores (combo stores); multi-department stores; marketplace stores; or price impact warehouses. The combo stores provide food and organic sections, pharmacies, general merchandise, pet centers and perishables such as seafood and organic produce. Marketplace provide grocery, pharmacy and health and beauty care departments as well as perishable offering and general merchandise area that includes apparel, home goods and toys.
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