U.S.-based Dr Pepper Snapple Group Inc. (DPS) continues to sustain its credit measures near levels previously indicated for an upgrade, despite challenging industry conditions. We are raising our long-term corporate credit and senior unsecured debt ratings to 'BBB+' from 'BBB'. The outlook is stable, reflecting our expectation that the company will sustain its credit measures near current levels and maintain its moderate financial policy. NEW YORK (Standard&Poor's) Nov. 13, 2013--Standard&Poor's Ratings Services today raised its ratings on Plano, Texas-based Dr Pepper Snapple Group Inc. by one notch, including its long-term corporate credit and senior unsecured debt ratings, to 'BBB+' from 'BBB'. At the same time, we affirmed our 'A-2' short-term corporate credit and commercial paper (CP)
