Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-' - S&P Global Ratings’ Credit Research

Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-'

Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-' - S&P Global Ratings’ Credit Research
Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-'
Published Feb 02, 2010
1034 words — Published Feb 02, 2010
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

MEXICO CITY (Standard&Poor's) Feb. 2, 2010--Standard&Poor's Ratings Services said today that it assigned its 'A-' long-term foreign currency senior unsecured debt rating to the issuance of $400 million in 10-year notes proposed by Mexico-based Coca-Cola Femsa S.A.B. de C.V. (KOF; A-/Stable/--). The company intends to use the proceeds to refinance short-term debt maturities and for general corporate purposes. The ratings on KOF reflect the company's strong business profile supported by implicit support from The Coca-Cola Co. (A+/Stable/A-1) through its 31.6% stake in KOF, KOF's strategic position within Coca-Cola's Latin American distribution system, and its geographic diversification throughout the region. The ratings also incorporate the company's intermediate financial profile, as reflected in its strong financial measures and

  
Brief Excerpt:

RESEARCH Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-' Publication date: 02-Feb-2010 Primary Credit Analyst: Enrique Gomez Tagle, CFA, Mexico City (52) 55-5081-4407; enrique_gomeztagle@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
KOFL@MM
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers
Country
Region
United States
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-'" Feb 02, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Coca-Cola-Femsa-S-A-B-de-C-V-s-Proposed-400-Million-In-Senior-Unsecured-Notes-Rated-A-772837>
  
APA:
S&P Global Ratings’ Credit Research. (). Coca-Cola Femsa S.A.B. de C.V.'s Proposed $400 Million In Senior Unsecured Notes Rated 'A-' Feb 02, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Coca-Cola-Femsa-S-A-B-de-C-V-s-Proposed-400-Million-In-Senior-Unsecured-Notes-Rated-A-772837>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.