Moody's Investors Service ("Moody's") today assigned Baa2 ratings to the proposed $3.5 billion of Senior Unsecured notes offered today by The J.M. Smucker Company ("J.M. Smucker") in 5, 10, 20, and 30 year tranches. Proceeds of this issuance are expected to partially fund the acquisition of Hostess...
Moody's Investors Service ("Moody's") today affirmed The J.M. Smucker Company's ("Smucker") Baa2 senior unsecured debt ratings and Prime-2 commercial paper (CP) ratings and changed the outlook to stable from positive in anticipation of its acquisition of Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess...
Moody's Investors Service (Moody's) today affirmed The J.M. Smucker Company's (J.M. Smucker) Baa2 senior unsecured debt ratings and Prime-2 commercial paper (CP) ratings. Moody's also changed the outlook to positive from stable. The affirmation reflects the company's strong credit metrics, which h...
Moody's Investors Service ("Moody's") today affirmed the Baa2 senior unsecured and Prime-2 commercial paper ratings of The J.M. Smucker Company (Smucker). The rating outlook is stable. Affirmations: ..Issuer: J.M. Smucker Company (The) ....Senior Unsecured Commercial Paper, Affirmed P-2 ....Sen...
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