Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed - S&P Global Ratings’ Credit Research

Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed

Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed - S&P Global Ratings’ Credit Research
Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed
Published Aug 20, 2009
Published Aug 20, 2009
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About This Report

  
Abstract:

We believe Plano, Texas-based Dr Pepper Snapple Group Inc.'s financial profile and credit measures will continue to improve despite weak macroeconomic conditions. We are revising our outlook on Dr Pepper Snapple to positive because year-to-date debt reduction has exceeded our expectations. NEW YORK (Standard&Poor's) Aug. 20, 2009--Standard&Poor's Ratings Services said today that it revised its outlook on Dr Pepper Snapple Group Inc. (DPS) to positive from negative. At the same time, we affirmed our ratings on DPS, including the 'BBB-' corporate credit rating. "The outlook revision reflects DPS' good operating performance and debt reduction efforts that have led to improved credit measures, as well as the expectation that the company will be able to continue to

  
Report Type:

Ratings Action

Ticker
DPS-MERG
Issuer
GICS
Soft Drinks (30201030)
Sector
Global Issuers
Country
Region
Format:
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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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MLA:
S&P Global Ratings’ Credit Research. "Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed" Aug 20, 2009. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dr-Pepper-Snapple-Group-Outlook-Revised-To-Pos-From-Neg-Ratings-Affirmed-741328>
  
APA:
S&P Global Ratings’ Credit Research. (). Dr Pepper Snapple Group Outlook Revised To Pos From Neg; Ratings Affirmed Aug 20, 2009. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dr-Pepper-Snapple-Group-Outlook-Revised-To-Pos-From-Neg-Ratings-Affirmed-741328>
  
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