Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB' - S&P Global Ratings’ Credit Research

Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB'

Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB' - S&P Global Ratings’ Credit Research
Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB'
Published Jan 06, 2011
Published Jan 06, 2011
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Abstract:

NEW YORK (Standard&Poor's) Jan. 6, 2011--Standard&Poor's Ratings Services said today it assigned its 'BBB' senior unsecured debt ratings to Plano, Texas-based Dr Pepper Snapple Group Inc.'s (DPS) $500 million of senior unsecured notes due 2016 (actual amount to be finalized at the close of the transaction). The notes will be issued under the company's Rule 415 shelf registration. We expect the company to use the net proceeds from this debt issuance to replace a portion of the cash it used recently to purchase its senior unsecured notes due 2018 that were tendered, which, in turn, will be available for general corporate purposes. Our 'BBB/Stable/A-2' corporate credit rating on DPS reflects its position as the third-largest soft

  
Report Type:

Ratings Action

Ticker
DPS-MERG
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB'" Jan 06, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dr-Pepper-Snapple-Group-Inc-Senior-Unsecured-Debt-Rated-BBB-842202>
  
APA:
S&P Global Ratings’ Credit Research. (). Dr Pepper Snapple Group Inc. Senior Unsecured Debt Rated 'BBB' Jan 06, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dr-Pepper-Snapple-Group-Inc-Senior-Unsecured-Debt-Rated-BBB-842202>
  
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