Industry | 2012.11.06
Fitch Affirms Kroger's IDR at 'BBB'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed The Kroger Co.\'s (Kroger) long-term Issuer Default Rating (IDR) at \'BBB\', and its short-term IDR and commercial paper rating \'F2\'. The Rating Outlook is Stable. As of Aug. 11, 2012, Kroger had $8.1 billion of debt outstanding, including capital leases. A full list of rating actions is shown below. The affirmation reflects Kroger\'s industry leading sales growth and market share gains, strong cash flow, and steady credit metrics. The IDR also co
For more information, please visit
http://www.businesswire.com/news/home/20[...]Krogers-IDR-BBB-Outlook-Stable
