DBRS Finalizes Provisional BBB (low) Rating of Viterra’s New U.S. Notes, Stable Trend

DBRS has today finalized the provisional rating of BBB (low), with a Stable trend, of the $400 million principal amount of senior unsecured notes (the Notes) issued by Viterra Inc. (Viterra or the Company). The Notes will pay an annual interest rate of 5.95%, paid on a semi-annual basis on February 1 and August 1 of each year, beginning February 1, 2011, and will mature on August 1, 2020. The Notes issued are pursuant to Viterra’s trust indenture dated August 4, 2010.

See DBRS’s Viterra press release dated July 29, 2010, for further details.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating Grain Companies, which can be found on our website under Methodologies.

This is a Corporate (Consumers) rating.