Fitch Ratings has affirmed the US$1.4bn commercial paper programmes of Albertson's, one of the largest supermarket and drug store operators in the US, at "F2". In addition, Fitch assigns a 'BBB+' rating to Albertson's US$4.8bn senior unsecured debt and US$1.4bn bank credit facilities. As of 2 May 2002 there was no commercial paper outstanding. The rating outlook is stable.