Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V. - S&P Global Ratings’ Credit Research

Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V.

Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V. - S&P Global Ratings’ Credit Research
Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V.
Published Jan 24, 2013
Published Jan 24, 2013
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Abstract:

MEXICO CITY (Standard&Poor's) Jan. 24, 2013--Standard&Poor's Ratings Services said today that its ratings on Mexico-based Coca-Cola Femsa S.A.B. de C.V. (KOF; A-/Stable/--) are unaffected following the company's agreement to merge its bottling operations with those of Grupo Yoli S.A. de C.V. The value of the transaction is MXN8.8 billion. Closing of the transaction is subject to the completion of legal, financial, and operating due diligence and to regulatory and corporate approvals. As a result of the merger, Grupo Yoli's shareholders will receive approximately 42.4 million newly issued KOF series L shares and KOF will assume MXN1.01 billion in net debt. Furthermore, through this transaction, KOF will become the owner of an additional 10.14% stake in Promotora

  
Report Type:

Bulletin

Ticker
KOFL@MM
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers
Country
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V." Jan 24, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Coca-Cola-Femsa-S-A-B-de-C-V-Ratings-Unaffected-By-Merger-Of-Bottling-Operations-With-Grupo-Yoli-S-A-de-C-V-1066169>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Coca-Cola Femsa S.A.B. de C.V. Ratings Unaffected By Merger Of Bottling Operations With Grupo Yoli S.A. de C.V. Jan 24, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Coca-Cola-Femsa-S-A-B-de-C-V-Ratings-Unaffected-By-Merger-Of-Bottling-Operations-With-Grupo-Yoli-S-A-de-C-V-1066169>
  
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