Moody's said it's reviewing Amplify's......>

US BONDS: Moody's said it's reviewing Amplify's Snack Brands Inc.'s "ratings for

upgrade following the announcement of Hershey acquisition," with "approximately

$644 million of rated debt affected." 

- Moody's said it placed "ratings of Amplify Snack Brands Inc. under review for

upgrade" after "the announcement that Amplify has entered into an agreement to

be acquired by Hershey Co. (The) (A1/RUR down) in a transaction valued at $1.6

billion."

- "The review will focus on the credit profile and capital structure of the

company post-closing," said Moody's. "Amplify will benefit from ownership by a

company with a much stronger credit profile than its own. If Amplify's debt is

repaid and cancelled, Moody's will withdraw the ratings at that time. Amplify

and Hershey expect the transaction to close in the first quarter of 2018."