New York, May 09, 2016 -- Moody's Investors Service assigned Performance Food Group, Inc.'s (PFG) proposed $350 million senior unsecured note issuance a B2 rating. Concurrently, Moody's affirmed the company's Ba3 Corporate Family Rating, its Ba3-PD Probability of Default Rating and its SGL-2 Speculative Grade Liquidity Rating. The B2 rating on the company's senior secured second lien term loan will be withdrawn when it is refinanced with the proposed notes. The rating outlook remains stable.
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