NY -- Standard&Poor's CreditWire 11/27/95 -- Standard&Poor's places its double-`B'-minus rating on Cott Corp.'s US$160 million senior unsecured notes on CreditWatch with negative implications, following the announcement that the company intends to refocus its business strategy to its core markets in North America and the United Kingdom, and away from its international expansion plans. The placement also pertains to restructuring charges of approximately C$40 million relating to cancellation of product lines, balance sheet write-offs, and a reduction of its work force. Standard&Poor's intends to meet with management to resolve the CreditWatch placement. Our review will focus on management's sudden change of direction, future financial policies, ability to satisfy high working capital requirements, and the
