date:May 26, 2012
il sales strategy, Moodys said. The Prime-2 commercial paper program will be fully supported with committed back-up lines.
In addition to Kraft Foods Group, the $18 billion North American grocery business, Kraft Foods Inc. is planning to spin off Mondelez International, Inc., primarily of Krafts $35 billion global snacks business. Citing filings with the Securities and Exchange Commission, Moodys said Kraft Foods Group will be capitalized with $10 billion of debt.
Moodys expects that it would