We are raising our ratings on Mississauga, Ont.-based Cott Corp., including our long-term corporate credit rating to 'B+' from 'B'. We base the upgrade on Cott's better profitability and sustained improved credit metrics. The stable outlook is based on our belief that Cott's operating performance and credit protection measures will be in line with our expectations in the medium term. TORONTO (Standard&Poor's) Sept. 26, 2012--Standard&Poor's Ratings Services today said it raised its long-term corporate credit rating on Mississauga, Ont.-based Cott Corp. to 'B+' from 'B'. The outlook is stable. At the same time, we raised our debt rating on wholly owned U.S. subsidiary Cott Beverages Inc.'s senior unsecured notes to 'B+' from 'B'. The '4' recovery
