04.08.2016 17:05:00

Safeway Inc. -- Moody's assigns B3 rating to Albertsons new notes offering

New York, August 04, 2016 -- Moody's Investors Service, ("Moody's") today assigned a B3 rating to Albertsons Companies LLC's ("Albertsons") proposed offering of $750 million senior unsecured guaranteed notes. The B3 rating on the company's existing senior unsecured guaranteed notes and Safeway legacy notes as well as the Ba2 rating on its existing senior secured term loans are unchanged. The rating outlook remains stable.

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