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United Natural Foods, Inc -- Moody's Assigns B1 CFR to UNFI; B2 Rating to proposed Term Loan

Moody's Investors Service ("Moody's") today assigned a B1 Corporate Family Rating and a B1-PD Probability of Default Rating to United Natural Foods, Inc (UNFI). Proceeds of the new debt will be used to finance UNFI's acquisition of SUPERVALU, INC. (SUPERVALU) and refinance existing debt. The ratings are subject to completion of the transaction and review of final documentation.