New York, March 10, 2014 -- Moody's Investors Service ("Moody's") today changed Chiquita Brands International Inc.'s ("Chiquita") outlook to developing following the company's announcement that it will combine with Ireland-based tropical fruit distributor Fyffes, PLC ("Fyffes") in a stock-for-stock transaction. Upon closing the combined company will be known as ChiquitaFyffes and is expected have revenues of approximately $4.6 billion. All other ratings were affirmed, including the company's Corporate Family Rating ("CFR") of B2 and its liquidity rating of SGL-3.

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