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Fitch Affirms General Mills' IDRs at 'BBB+/F2'; Outlook Stable

2015-01-16 02:13:02| Agriculture - Topix.net

The company has also engaged in net share repurchases of $933 million year to date through November 2014, a portion of which were debt financed. Consolidated total debt-to-operating EBITDA was 3.25x, operating EBITDA-to-interest expense was 10x and funds from operations adjusted leverage was 4.5x for the latest 12 months ended Nov. 23, 2014.

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