date:Jan 31, 2013
Moodys Investors Service on Jan. 28 assigned Baa1 ratings to $1 billion of senior unsecured dates that were offered on that date. The offering included $250 million of 3-year fixed rate notes, $250 million of $3-year floating-rate notes and $500 million of 30-year fixed rate bonds.
Moodys said General Mills rating outlook remains positive. The company will use proceeds from the offering to pay down much of its $1.9 billion in outstanding commercial paper, Moodys said.
Yield on the three-year f