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Moody’s assigns Baa2 rating to Kraft spin-off
date:May 26, 2012
rating upgrade could occur if Kraft Foods Group sustains stable operating performance and financial policy, and debt/EBITDA falls below 3.0 times. A rating downgrade could occur if the company's operating performance weakens or financial policy becomes more aggressive such that EBITDA margins fall below 15% or debt/EBITDA approaches 4.0 times.

12/22 08:15