Coke System Ratings Affirmed by S&P - S&P Global Ratings’ Credit Research

Coke System Ratings Affirmed by S&P

Coke System Ratings Affirmed by S&P - S&P Global Ratings’ Credit Research
Coke System Ratings Affirmed by S&P
Published Feb 06, 1998
Published Feb 06, 1998
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Abstract:

MELBOURNE -- Standard&Poor's CreditWire 2/6/98 -- Standard&Poor's today affirmed its double-'A'-minus /'A-1'-plus ratings on The Coca-Cola Co. (Coke) and the single-'A'-plus/'A-1' ratings on Coca-Cola Enterprises Inc.. (CCE), Coca-Cola Amatil Ltd. (CCA), and their specific issues (including guaranteed ones) following CCA's announcement of its intention to demerge its European operations, subject to shareholders' approval. The outlook on all long-term ratings is stable. Reflecting Coke's global consolidation and expansion strategy, a new separate company Coca-Cola Beverages (CCB), which is to be publicly listed, will take over all CCA's existing European business and will be designated as an "anchor bottler" by Coke, while CCA will focus on development of its interests in the Asia-Pacific region. At the same time,

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers , Structured Finance
Country
Region
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Coke System Ratings Affirmed by S&P" Feb 06, 1998. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Coke-System-Ratings-Affirmed-by-S-P-11770>
  
APA:
S&P Global Ratings’ Credit Research. (). Coke System Ratings Affirmed by S&P Feb 06, 1998. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Coke-System-Ratings-Affirmed-by-S-P-11770>
  
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