BETR - Amplify Snack Brands, Inc.

YHD - YHD Delayed Price. Currency in USD
At close: 6:07PM EDT
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5y Average ReturnN/A
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  • Moody's

    Hershey Company (The) -- Moody's assigns A1 to Hershey's new notes; stable outlook

    Moody's Investors Service ("Moody's") today assigned A1 ratings to The Hershey Company's ("Hershey") planned $1 billion senior unsecured notes with tenors of 5, 10, and 30 years. Hershey's A1 credit profile is supported by its stable demand that supports sizeable free cash flows through business cycles, strong brand portfolio and leading position in the U.S. chocolate confectionary market, good liquidity, strong profit margins, and conservative financial policy. The stable outlook reflects our expectation that Hershey will continue to sustain solid operating performance and will restore debt to EBITDA to between 1.5 and 2.0 times in the next year.