DBRS Rates Kellogg’s $750 Million Senior Unsecured Notes Issue A (low)

DBRS has today assigned a rating of A (low) with a Stable trend to Kellogg Company’s (Kellogg) issue of $750 million 4.45% Senior Unsecured Notes due May 30, 2016.

Proceeds from the notes, which rank pari passu with Kellogg’s other senior unsecured indebtedness, are expected to be used for general corporate purposes, including repayment of outstanding commercial paper.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating Consumer Products, which can be found on our website under Methodologies.

This is a Corporate rating.