FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. The ratings have been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure. Founded in Art Kehe's Palatine basement 67 years ago, Kehe focused for years on independent local retailers. ;?u`/ (^q@cdC~ i9 V r5{CyNTtW10`tY`t6C)7lI a"V@. We SERVE to Make Lives Better. We're in a world of incivility, but KeHE is different. KeHE has an immediate opportunity for a strategic Human Resources Leader to join our high performing Human Resources team as a Senior Director, reporting to our National VP of HR for Operations. The information on this page is . Even prior to the coronavirus pandemic, the company's sales volumes and earnings were demonstrating good growth as the specialty food industry is the highest growth category in overall grocery sales. All Corporate Offices Corporate Offices Naperville, IL 1245 E Diehl Rd Suite 200, Naperville, IL 60563 All rights reserved. Primary Responsibilities. MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements. As a consequence of this we will soon be opening a second office in Bratislava. HR Manager - Operations Warehouse Recruiter (TA Specialist) Human Resource Generalist HR Manager - Operations HR Manager - Operations Sr. Director HR Operations - Central Region KeHE Distributors Headquarters 1245 E. Diehl Rd Suite 200, Naperville, IL 60563 630-343-0000 An opportunity to participate in employee engagement activities on a voluntary basis based on individual preference. Ability to interact with senior leadership teams. The dispute resolution team at Bnyaiov Voehov, s.r.o., law office represents clients in a range of courts, and practitioners also regularly act as arbitrators in the Arbitration Court attached to the Economic Chamber of the Czech Republic. > Firm Profile The firm: UEPA is an independent full-service law firm based in Prague, founded in 2006 by two partners who had previously worked in large international law firms.UEPA has since grown from three to 25 lawyers and since 2018 has three partners. UEPA advises its clients through all fields of their business, supports them in domestic and international transactions, as well as in day-to-day work. 9 Ratings. Add Interview. UEPA has the largest German-speaking team on the Czech legal market and provides legal services in Czech, Slovak, English, German, Polish and French. In Canada, KeHE services grocery supermarket chain retailers, independent grocery retailers, club stores and foodservice retailers. Argentina. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. KeHE Distributors is part of the Freight & Logistics Services industry, and located in Illinois, United States. Moody's. New York, August 26, 2020 -- Moody's Investors Service, ("Moody's") today upgraded KeHE Distributors, LLC's ("KeHE") Corporate Family Rating and Probability of Default Rating to Ba3 and . Available to US-based employees. Mar 6, 2017. Quantitatively, ratings could be upgraded if debt/EBITDA is sustained below 2.5 times and EBITA/interest expense is sustained above 3.5 times. The outlook is stable. It is classified as operating in the Grocery Wholesalers industry.Apr 19, 2021 . All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Commercial and Corporate law, M&A, Litigation and Arbitration and Competition law. Represented StalWerk in a disputed over the ownership of a large industrial estate in South Moravia. The company's relatively small scale and customer concentration are constraints to an upgrade. Pharmaceutical Companies of Johnson & Johnson, Reimagining the Way Healthcare Is Delivered, Meeting the Personal Care and Wellness Needs of Consumers Worldwide, Advancing New Healthcare Solutions Through Collaboration, Learn About the Company's Rich Heritage at Our Digital Museum. (1988), Law Faculty of the Charles University, Prague: JUDr. Corporate Relations Get the big picture on a company's affiliates and who they do business with. As that clientele dwindled, it pivoted to major grocery chains like Albertson's and Kroger. The process is simple and automated, and most employees are verified within 24 hours. MSFJ is not a Nationally Recognized Statistical Rating Organization ("NRSRO"). Our webpage and also our excellent office facilities helped us in gaining new clients. Moody's also upgraded the company's $200 million second lien notes due 2026 to B2 from B3. Contract & Freelance Partner Opportunities, Do Not Sell or Share My Personal Information, Support management in maintaining a strong internal control environment, through implementation of SOX processes and controls according to Johnson & Johnson policies and standards, Supporting the SOX 404 program for applicable entities Execution of the program and ensuring Corporate SOX deadlines are timely and effectively achieved, Proactively identify operational and financial risks within GS EMEA SSC/ local affiliates and propose efficient controls to mitigate gaps, Look to optimize the business processes/operations impacted by compliance, through Continuous Improvement, Execution and identification of compliance issues via strong Due Diligence Reviews and Risk Based Assessments to identify and assist the local affiliates with remediation, improvement and enhancement of processes, Coordinate the local compliance Corrective Action Plan (CAP) process with the company and support local teams to ensure internal control gaps are closed timely + effectively, Proactively communicate and report on findings and status of CAP to applicable management, Review J&J corporate guidelines (ICH, WWP, etc) and related updates to ensure GS EMEA SSC/ local affiliates processes and controls are compliant and up to date, Support the GS EMEA roll out plan from a compliance perspective to ensure compliant implementation of new processes and new activities transitioned to GS EMEA SSC, Provide support and advise to local affiliates live with GS EMEA SSC on all finance compliance related matters, Ensure sufficient training is delivered in alignment with local compliance training program to enhance & strengthen embedded compliance awareness, Ensure full alignment with management & create strong business partnerships between all stakeholders, promoting the end-to-end approach. Truework allows you to complete employee, employment and income verifications faster. The employee data is based on information from people who have self-reported their past or current employments at KeHE. Moody's estimates debt/EBITDA (with Moody's standard adjustments) will be below 3.0 times for the fiscal year ending April 2021. KeHE controls and operates its Websites from the company's headquarters in Naperville, Illinois, in the United States of America. Work/life balance through flexible work schedules to accommodate employees varying needs. You are using Internet Explorer which is outdated and no longer supported by this website. by cooperating closely with other law firms. hb`````3AXcCl2y"UM+! KeHE Distributors Headquarters 1245 E. Diehl Rd Suite 200, Naperville, IL 60563 Represented StalWerk in an ownership dispute conerning a large industrial estate in South Moravia. Read More About In my professional lifetime, I have only held a few. 5 weeks of vacation, home office, flexible working hours, sick days, Meal vouchers, Cafeteria, referral award, life and accident insurance, MultiSport card. Ratings could be downgraded if operating performance deteriorates such that debt/EBITDA is sustained above 3.0x and EBITA/interest approaches 2.25 times. We may also use cookies to enhance performance, analyse site usage and to personalise your experience. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com. Ratings could be upgraded if the company reduces its customer concentration with a more diversified and continued high quality customer base and demonstrates sustained growth in sales, and profitability with good liquidity. KeHE Distributors is one of the nations top pure play wholesale food distributors with 16 distribution centers across North America. For the best experience, access kehe.com with the most up to date version of Microsoft Edge, Safari, Firefox or Google Chrome. At KeHE Distributors, we're all about goodness. Diversity, Equity & Inclusion at Johnson & Johnson means You Belong! By continuing to access this document from within Australia, you represent to MOODY'S that you are, or are accessing the document as a representative of, a "wholesale client" and that neither you nor the entity you represent will directly or indirectly disseminate this document or its contents to "retail clients" within the meaning of section 761G of the Corporations Act 2001. That caused a big boom of GDPR business. A dynamic and inspiring working environment. Suite 200, Naperville, IL 60563. %PDF-1.6 % Many of our clients are active in the Slovakian market as well. UEPA has the largest German-speaking team on the Czech legal market and provides legal services in Czech, Slovak . 1 Close Industry Peers See similar companies for insight and prospecting. KeHE Distributors Food Information Technology Logistics Transportation Headquarters Naperville, IL Total offices: 3 Local Employees: 250 Total Employees: 7,000 Year Founded: 1952 View Website Overview Perks + Benefits Jobs 14 KeHE Distributors Benefits Overview MOODY'S ISSUES ITS CREDIT RATINGS, ASSESSMENTS AND OTHER OPINIONS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE. Top KeHE Distributors Employees Brian Wilkinson Chief Information Officer Winfield, Illinois, United States View 4 kehe.com gmail.com exeloncorp.com accenture.com 4 630248XXXX 312693XXXX 630343XXXX 630343XXXX Gene Carter Chief Operating Officer St. Augustine, FL, US View 3 kehe.com gmail.com treeoflife.com 5+ 201854XXXX 904794XXXX 904806XXXX An opportunity to be part of a global market leader. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. KeHE Distributors Vacation & Paid Time Off. ? KeHE's Ba3 corporate family rating reflects the company's good liquidity and improving operating performance and credit metrics. With so much going on, you need the freedom to focus on what matters most running your business. KeHE Distributors LLC (KeHE) distributes natural & organic, specialty and fresh products to retailers across the U.S. and Canada. Advising mdexx on cross-border posting of expert employees and trade union negotiations. 2020 Moody's Corporation, Moody's Investors Service, Inc., Moody's Analytics, Inc. and/or their licensors and affiliates (collectively, "MOODY'S"). Get contact details including emails and phone numbers KeHE is headquartered in Naperville, IL and has 15 office locations located throughout the US.See if KeHE is hiring near you. Glassdoor gives you an inside look at what it's like to work at KeHE Distributors, including salaries, reviews, office photos, and more. However, MOODY'S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. UNFI recently reported a net sales increase of 7.1% to $6.89 billion; adjusted EBITDA of $206 million, a 57.3% increase; earnings per diluted share (EPS) of $1, a $1.57 per share increase, and adjusted EPS of $1.25, a $1-per-share increase, from the year-ago period, among other pandemic-driven results. Possibilities for further personal as well as professional development. The dispute resolution team at Bnyaiov Voehov, s.r.o., law office represents clients in a range of courts, and practitioners also regularly act as arbitrators in the Arbitration Court attached to the Economic Chamber of the Czech Republic. Established in 1953 and headquartered in Naperville, Illinois, KeHe Distributors LLC is a provider of distribution and solutions services such as packaging and food products. We know that the success of our business depends on having the best talent in a workforce that reflects the diverse markets we serve around the world and an inclusive culture that values different perspectives and life experiences. The firms clients range from multinationals to large SMEs and stem from a wide range of sectors such as banking and finance, automotive and machinery, real estate and development, the energy sector, IT, services, retail and wholesale, as well as the hotel and leisure industry. We're KeHE Distributors, one of the oldest and most respected natural foods distributors in the industry. free lookups / month. We are open also for external growth, e.g. For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. KeHEs award winning food trade shows offer in-person and virtual opportunities to explore the latest emerging brands and new products to hit the marketplace. UEPA advokti s.r.o. (1973), Law Faculty of the Charles University, Prague: Mgr. 1245 E. Diehl Rd. Therefore, credit ratings assigned by MSFJ are Non-NRSRO Credit Ratings. Todays KeHE is an employee- owned company. The economic aspects of our work is also always at the centre of our focus. Brandon Barnholt, President & Chief Executive Officer Gene Carter, Chief Operating Officer CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. page for information on how to request an accommodation. Johnson & Johnson Global Services, the global shared services organization supporting the businesses of Johnson & Johnson, performs select functional work in a consistent manner across regions and sectors using simplified, standardized end-to-end processes and state-of-the-art technology. endstream endobj startxref UEPA also assists its clients in neighbouring Slovakia and has an excellent network of professional contacts in other Central and Eastern European countries that the firm can rely on, if the need arises. Since last year we have been working on preparing our clients to implement the new General Data Protection Regulation (GDPR), which will take effect on 25th May 2018. Email Address * Phone Number * Company Name Message * If you have a question about a job opening or recent interview, please visit our Careers website! By clicking "Accept All", you agree to the storing of cookies on your device to give you the most optimal experience using our website. All of our partners and many senior lawyers have a big firm background, and therefore are able to meet the expectations of demanding international clients. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. Lucie has an excellent network and is well known among Czech entrepreneurs. section and the most recent SEC Filings in the. Prior to founding Fort Dearborn Partners in 1990, Mr. Cleary was the partner in charge of the business and financial consulting practice in the Chicago office of Grant Thornton LLP. Employer and employee contributions to the communities we serve to promote a greater understanding and respect for the diversity. GS EMEA is one of five Johnson & Johnson Global Financial Services organizations supporting the major financial processes of Johnson & Johnson EMEA Operating Companies. NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY CREDIT RATING, ASSESSMENT, OTHER OPINION OR INFORMATION IS GIVEN OR MADE BY MOODY'S IN ANY FORM OR MANNER WHATSOEVER. The mission is to enhance the awareness of African American talent by cultivating a positive environment for mentorship and exposure in alignment with KeHE Diversity and Inclusion goals. Natural and organic, fresh and specialty product distribution is our passion, serving others is our purpose. We were founded in 1953 and converted into an employee-owned company in 2001, we are a state-of-the-art organization of 4,500 employee-owners and a vast 17 distribution center network across the U.S. and Canada. It starts with how we treat one another. Represented the owners of a family-held real estate portfolio against a commercial tenant in two separate premises in an industrial complex in Prague. Many clients acquired business with our help, be it developers meeting production companies with expansion plans or funds talking to real estate developers selling their properties. The firm:UEPA is an independent full-service law firm based in Prague, founded in 2006 by two partners who had previously worked in large international law firms. SEE MOODY'S RATING SYMBOLS AND DEFINITIONS PUBLICATION FOR INFORMATION ON THE TYPES OF CONTRACTUAL FINANCIAL OBLIGATIONS ADDRESSED BY MOODY'S INVESTORS SERVICE CREDIT RATINGS. Johnson & Johnson is an Affirmative Action and Equal Opportunity Employer. Employees will also be eligible to participate in the Company's annual incentive . Total revenue is approximately $5.5 billion. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com. Larry Hartley, EVP, Warehouse Operations Search over 700 hbbd```b```vd="9^HDrE8"l@Z[" Dj A]lF~ie)r$HH4@_n:#`30s?- We fulfil high ethical standards and stay far away from all kinds of shady business practices. UEPA has since grown from three to 25 lawyers and since 2018 has three partners. KeHE.com Primary Industries Freight & Logistics Services Transportation Business Services Software Contact Information Headquarters 1245 E Diehl Rd Ste 200, Naperville, Illinois, 60563, United States (630) 343-0000 Revenue $6.3 B Employees 6,000 Founded 1953 KeHE Distributors Executive Team & Key Decision Makers Show Me More Executives Lorem ipsum dolor sit amet consectetur adipisicing elit. I believe we do have an outstanding reputation on the market. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG, Future Lawyers the students guide to law firms, The Legal 500 Private Practice Powerlists. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. Rusty Bland, SVP, People Engagement & Servin, Kehe Corporate Office Headquarters Address: 900 N. Schmidt Rd. . KeHE is committed to fostering, cultivating and preserving a culture of diversity and inclusion. Timothy Wiggins, Chief Financial Officer Additional terms for Australia only: Any publication into Australia of this document is pursuant to the Australian Financial Services License of MOODY'S affiliate, Moody's Investors Service Pty Limited ABN 61 003 399 657AFSL 336969 and/or Moody's Analytics Australia Pty Ltd ABN 94 105 136 972 AFSL 383569 (as applicable). Furthermore, the company's topline and earnings have had a significant boost as a result of increased demand for food at home and pantry loading at the grocery stores due to the coronavirus pandemic. Another growing part of our business is the hotel and leisure industry. Moody's Investors Service, Inc., a wholly-owned credit rating agency subsidiary of Moody's Corporation ("MCO"), hereby discloses that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by Moody's Investors Service, Inc. have, prior to assignment of any credit rating, agreed to pay to Moody's Investors Service, Inc. for credit ratings opinions and services rendered by it fees ranging from $1,000 to approximately $2,700,000. At least 3 years experience in a similar job in finance / accounting / customer service environment, Experience with leading Sarbanes-Oxley compliance efforts, Project management & Coordination capabilities, Ability to work independently and prioritize, solve difficult situations, Can do attitude: ability to manage complex and ambiguous situations using own judgment and sense of urgency, Collaboration and business partnership attributes. KeHE may also be known as or be related to KEHE CARES FOUNDATION INC, KeHE, KeHE Distributors, KeHE Distributors LLC, KeHe Distributors Holdings LLC, Kehe Distributors and Kehe Distributors, LLC. We usually respond quickly to new and upcoming trends and legal developments. 2023 Legalease Ltd. All rights reserved, Registered company in England & Wales No. It has a distribution network of more than 4,100 suppliers . "The increase in the top line and earnings will result in debt/EBITDA below 3.0x in the next 12 months and the upgrade also acknowledges Moody's expectation that KeHE will be able to maintain this improvement in credit metrics even after more normalized consumer shopping patterns return", Chadha further stated. Get tailored job recommendations based on your interests. KeHE Has 16 Distribution Centers Throughout North America Locate Your DC Thank you, your preferences have been updated. To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability to any person or entity for any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with the information contained herein or the use of or inability to use any such information, even if MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers is advised in advance of the possibility of such losses or damages, including but not limited to: (a) any loss of present or prospective profits or (b) any loss or damage arising where the relevant financial instrument is not the subject of a particular credit rating assigned by MOODY'S. Martin is coordinating lawyers in different countries working on deals with us. These delight consumers and deliver stellar growth for our customers and suppliers. Results 1 - 25 of 3212 KeHE Distributors corporate office is located in 1245 E Diehl Rd Ste 200, Naperville, Illinois, 60563, United States and has 3,212 KeHE Distributors Pay & Benefits reviews - Indeed Advising CUBESPACE on several real estate projects in different parts of Germany. We help natural & organic, specialty and fresh brands and products get onto retail shelves and online. Kehe Distributors's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any credit rating, agreed to pay to MJKK or MSFJ (as applicable) for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY250,000,000. Additional terms for Japan only: Moody's Japan K.K. We believe in crazy GOOD partnerships that put our vast knowledge, resources and tools to work for you on the shelf and online. section in order to receive the most current information made available by Johnson & Johnson Services, Inc. with any questions or search this site for more information. Another new product, also coming to the market in 2018, is our so called HR-core project. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com. Add Benefits. KeHEs diversity initiatives are applicablebut not limitedto our practices and policies on recruitment and selection, compensation and benefits, professional development and training, promotions, transfers, social and recreational programs, layoffs, terminations, and the ongoing development of a work environment built on the premise of gender and diversity equity that encourages and enforces: Respectful communication and cooperation between all employees. All rights reserved. We have several social events every year and also organise many legal seminars, in-house or at clients seats, alone or together with partners covering non-legal sectors. Many of UEPAs clients have been benefiting from the services of the firms employees since the 1990s. To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud, willful misconduct or any other type of liability that, for the avoidance of doubt, by law cannot be excluded) on the part of, or any contingency within or beyond the control of, MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use of or inability to use any such information. There are currently sixteen members based out of the KeHE corporate office. All employees of KeHE always have a responsibility to treat others with dignity and respect! The vision of Johnson & Johnson Global Services is "to be trusted business partners who . s3 j'5B Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating. KeHE Corporate Headquarters and Office Locations 367 Jobs KeHE is headquartered in Naperville, IL and has 15 office locations located throughout the US. 3.0. This document is intended to be provided only to "wholesale clients" within the meaning of section 761G of the Corporations Act 2001. Mr. Cleary has served on KeHE's board of directors since 2007. Kehe Corporate Office Headquarters Address: 900 N. Schmidt Rd. Our technological resources are up-to-date and include virtual data room management as well as electronic invoicing or modern video, as well as conference communication systems. AND/OR ITS AFFILIATES. Partner in Bnyaiov Voehov, s.r.o., advoktn kancel, Prague, since 2010 until now, Lecturer of civil law at the Faculty of law of the University of West Bohemia since 2016,Lecturer of commercial law for foreign students in the LLM and Socrates/Erasmus program organized by the Faculty of law of the Charles University in Prague since 2004, Partner in Salans, Prague (2003-2010), Partner in Altheimer & Gray, Prague (1996-2003), Senior Associate in Altheimer & Gray, Prague (1992-1996), Czech Bar Association since 1992, Arbitrator of the Arbitration Court attached to the Economic Chamber of the Czech Republic and Agricultural Chamber of the Czech Republic since 2007,Member of the Committee for Private Law of the Legislation Council of the Government of the Czech Republic since 2007, Law Faculty of the Charles University, Prague: CSc. All that for a competitive flat rate, helping our clients to save money and focus on their core businesses. CREDIT RATINGS, NON-CREDIT ASSESSMENTS ("ASSESSMENTS"), AND OTHER OPINIONS INCLUDED IN MOODY'S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. {{ userNotificationState.getAlertCount('bell') }}. See if KeHE is hiring near you. MOODY'S INVESTORS SERVICE DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. MOODY'S credit rating is an opinion as to the creditworthiness of a debt obligation of the issuer, not on the equity securities of the issuer or any form of security that is available to retail investors. New York, August 26, 2020 -- Moody's Investors Service, ("Moody's") today upgraded KeHE Distributors, LLC's ("KeHE") Corporate Family Rating and Probability of Default Rating to Ba3 and Ba3-PD from B1 and B1-PD respectively.
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