DBRS Assigns Rating of “A” to Cargill’s $450 Million New Debt Issuance, Stable Trend

DBRS has today assigned a rating of “A” with a Stable trend to Cargill, Incorporated’s (Cargill) $450 million 4.1% senior unsecured notes (the Notes) due November 1, 2042.

Proceeds from the Notes, which rank pari passu with Cargill’s other senior unsecured indebtedness, are expected to be used for general corporate purposes, including debt repayment.

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

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