Hillshire Credit Spreads Plummet As High-Grade Tyson Joins M&A Frenzy |
| May 30, 2014 | May 2014 Bond Updates |
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Credit spreads referencing Hillshire Brands plunged today as Tyson Foods joined the frenzied pursuit of a combination with the meat-centric food maker, trade data show. The development carries significant implications for Hillshire’s credit ratings, as the company teeters on the edge of a fall to junk ratings. |
| View more at: http://www.forbes.com/sites/spleverage/2014/05/29/hillshire-credit-spreads-plummet-as-high-grade-tyson-joins-ma-frenzy/ |
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