date:Mar 13, 2013
which include namesake Heinz, Ore-Ida, and Smart Ones. Collateral for junior-lien debt will include a second-priority security interest in assets securing the first-priority debt. Rating Sensitivities: An upgrade of Heinz's ratings is not anticipated in the near term. However, faster than expected deleveraging, accelerated top line growth, and greater than projected cost reductions would be viewed positively making upward migration in ratings possible. A commitment to operating with total debt w