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How Sweet Will Kraft's Cadbury Purchase be for Bondholders?

Despite increased debt load from the Cadbury deal, Morningstar's Dave Sekera thinks that Kraft's copious free cash flow will keep bondholders safe.

Mentioned:

Jeremy Glaser: How sweet will Kraft's Cadbury purchase be for bondholders? I'm Jeremy Glaser with Morningstar.com.

Joining me today is Senior Analyst, Dave Sekera, to take a look at Kraft and where bond opportunities may lie. Dave, thanks for joining me.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.