Gimme Credit: Snack on Some High-Yielding Chicken

Associated Press A Pilgrim’s Pride contract chicken farm full of three-week-old chicks just outside the city limits of Pittsburg, Texas. Gimme Credit is out with a Buy rating on the debt of Pilgrim’s Pride (PPC), which issued $500 million of 10-year senior notes with a 5.75% yield this week. Most of the debt will go [...]