waltermasoni
Caribbean Trader
The Kraft Heinz Co. 'BBB/A-2' Ratings Placed On CreditWatch Negative On Missed 10-K Filing
- 18-Mar-2019 08:39 EDT
- The Kraft Heinz Co. (KHC) did not file its Form 10-K for the fiscal year
ended Dec. 29, 2018, by March 14, 2019, the due date following a 15-day
extension. - We are placing all of our ratings on KHC, including our 'BBB' long-term
issuer credit rating and 'A-2' short-term issuer credit rating, on
CreditWatch with negative implications. This means we could either lower
or affirm our ratings after completion of our review. If we lower our
ratings, the downgrade would likely be limited to one notch, unless
particularly negative information is uncovered. - We intend to resolve our CreditWatch after analyzing the 2018 10-K and
first quarter 2019 10-Q.