S&P affirms Roundy's

Standard & Poor's said it affirmed its B corporate credit rating and stable outlook for Roundy's Supermarkets Inc.

In assessing multiemployer pension plan risk for Roundy's Supermarkets, the agency said it made a number of analytical assumptions and adjustments based on confidential information provided to us by these companies, including that the current ratings do not assume any recovery in the market value of multi-employer pension plan assets.

"The ratings on Roundy's Supermarkets Inc. reflect its highly leveraged capital structure, its participation in the highly competitive supermarket industry and its geographic concentration in Wisconsin and Minnesota," said credit analyst Stella Kapur.

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