DBRS Rates Cargill Inc.’s $450 Million Debt Issue at A (high)
ConsumersDBRS has today assigned a rating of A (high) with a Stable trend to the $450 million 7.35% senior unsecured ten-year notes (the Notes), maturing March 6, 2019, issued by Cargill, Incorporated (Cargill). Proceeds from the Notes, which rank pari passu with Cargill’s other senior unsecured indebtedness, will be used for general corporate purposes, including debt repayment.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating Consumer Products, which can be found on our website under Methodologies.
This is a Corporate rating.
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