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Prospect News home > News index > List of issuers P > Headlines for Pilgrim's Pride Corp. > News item
Published on 8/19/2021 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch rates Pilgrim's Pride notes BBB-

Fitch Ratings said it assigned a BBB- rating to Pilgrim’s Pride Corp.’s $750 senior unsecured notes due in 2032.

The agency upgraded Pilgrim’s Pride and its unsecured rating to BBB- from BB+ in June.

The company plans to use the proceeds to finance the Kerry acquisition, repay debt and for general corporate purposes.


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