New York, September 23, 2014 -- In a release published earlier today, and available on Moodys.com, Moody's Investors Service stated that the ratings of US Foods, Inc. ("US Foods") which, including the B3 Corporate Family rating, are all on review for upgrade, would be unaffected by Sysco's announcement today that it was launching $5 billion in credit facilities to finance the repayment of US Foods' funded debt as part of the planned acquisition, which was followed by rating actions that included a one-notch downgrade of the long-term rating to A2 and confirmation of the Prime-1 short-term rating.
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