Fitch downgrades Kraft rating over debt load

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Fitch downgrades Kraft rating over debt load

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November 16th, 2007

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Fitch downgrades Kraft rating over debt load

Fri, 16 Nov 2007 12:03:00 EST - (AP) -- Fitch Ratings on Friday downgraded Kraft Food Inc.'s long-term ratings a day after the company agreed to sell its two dozen Post cereals to Ralcorp Holdings Inc.

The ratings agency lowered Kraft's investment grade long-term issuer default, senior unsecured debt and credit facility rating ...

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Fitch downgrades Kraft rating over debt load

Fitch downgrades Kraft rating over debt load

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