date:Apr 23, 2014
Fitch Ratings has affirmed several of Battle Creek, Mich.-based Kellogg Co.s ratings at BBB+, including the companys long-term issuer default rating, senior unsecured debt and bank credit facility. BBB ratings indicate that expectations of default risk are currently low and the capacity for payment of financial commitments is considered adequate.
In issuing its ratings outlook, Fitch pointed to Kelloggs strong brands, particularly in developed markets, as a key ratings driver.
Kelloggs ratings