NEW YORK (Standard&Poor's CreditWire) Sept. 9, 1999--Standard&Poor's today placed its ratings of The Coca-Cola Co. (Coke) on CreditWatch with negative implications, as listed below. The long-term ratings of Coca-Cola Enterprises Inc. (CCE) and Coca-Cola Amatil Ltd. (CCA) were also placed on CreditWatch with negative implications (see list). It is unlikely that these ratings placed on CreditWatch for possible downgrade would be lowered more than one notch. The 'A-1' short-term ratings for CCE and CCA were affirmed and are not placed on CreditWatch. The CreditWatch listings follow Coke's recent announcement that its third-quarter earnings are expected to fall below earlier expectations. As a result, Standard&Poor's believes that recovery of already weakened credit measures for the
