date:May 26, 2012
The new company, Kraft Foods Group, Inc., will be spun off later this year.
Moodys also assigned a Prime-2 rating to the companys proposed $3 billion commercial paper program. The rating outlook is stable. Moodys attributed its rating to the high profit margins, stable earnings and cash flow, leading market shares and diversified portfolio. The spin-off business will offer products such as Kraft macaroni and cheese, Oscar Mayer meats, Philadelphia cream cheese, Maxwell House coffee, Capri Sun b