Moody's assigns A3 to General Mills $750 million notes offering
New York, January 09, 2017-- Moody's Investors Service, Inc. today assigned an A3 rating to $750 million of senior unsecured notes being offered today by General Mills Inc. Net proceeds from the issuance will be used for general corporate purposes, including to prefund a portion of a $1.0 billion debt maturity that will occur on February 15, 2017. The ratings outlook is stable. The A3 rating reflects General Mills' diverse portfolio of strong brands, including Big G cereals,...
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