NEW YORK — Although the capital structure of a merged A&P and Pathmark has not yet been determined, Standard & Poor’s here said the pending deal should generate a better corporate credit rating than the “B-” level it currently ranks A&P. S&P this week changed its outlook on A&P, Montvale, N.J., from “developing” to “positive” — the first step toward a rating upgrade — citing proceeds from its recently announced sale of Sav-A-Center division in New Orleans and what it ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.