/STOCKS: Moody's said it is reviewing......>

US BONDS: /STOCKS: Moody's said it is reviewing Campbell Soup A3 rating for

downgrade on the company's "$6.1B Snyder's-Lance deal"; it said it "placed the

A3 senior unsecured debt ratings of Campbell Soup Company under review for

downgrade. This follows the company's announcement today that it has entered

into a definitive agreement to acquire Snyder's-Lance Inc. for $50/per share or

approximately $6.1 billion in cash, including $1.1 billion of existing

Snyder's-Lance debt. Moody's has affirmed Campbell's Prime-2 short-term rating."

- Moody's said that "Campbell plans to finance the acquisition through $6.2

billion of new unsecured debt, comprised of long-term and short-term

instruments. Campbell management expects the proposed acquisition to close by

the early second quarter of calendar 2018, subject to regulatory approval."