10.11.2016 21:48:00
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Moran Foods LLC -- Moody's assigns first time B2 CFR to Moran Foods LLC
New York, November 10, 2016 -- Moody's Investors Service today assigned a Corporate Family Rating of B2 and a Probability of Default Rating of B2-PD to Moran Foods LLC, the parent of Save-A-Lot Holdings, LLC. ("Save-A-Lot"). Moody's also assigned a B2 rating to the company's proposed $740 million senior secured seven year term loan. The outlook is stable.