Dominion Bond Rating Service (DBRS) has revealed that the corporate debt rating of US-based HJ Heinz Co is assigned as A (low) with a Stable trend and the commercial paper rating of HJ Heinz of Canada, based on full guarantee of its US parent, is confirmed at R-1 (low) with stable trend. These ratings, says DBRS, reflect the five factors. Firstly, the financial profile should improve as Heinz has committed to reduce its debt by US$750m in two years through better working capital management and substantial reduction in capital expenditure. In addition, acquisition and share repurchase activity will be suspended.