Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB' - S&P Global Ratings’ Credit Research

Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB'

Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB' - S&P Global Ratings’ Credit Research
Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB'
Published Aug 14, 2012
1037 words — Published Aug 14, 2012
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Abstract:

MEXICO CITY (Standard&Poor's) Aug. 14, 2012--Standard&Poor's Ratings Services assigned its 'BB' issue-level rating to Grupo Embotellador Atic S.L.'s (Grupo Atic) $300 million senior unsecured notes due 2022. The rating is at the same level as the preliminary rating we assigned on May 7, 2012, as the final documentation supporting the enforceability of the subsidiary guarantees is in line with our expectations. The issuer of the notes is Ajecorp B.V., a wholly owned subsidiary of Grupo Atic created for the sole purpose of issuing the notes. The company will use the proceeds to refinance existing debt, for general corporate purposes, and for capital expenditures. Grupo Atic and its subsidiaries jointly, severally, and unconditionally guarantee the notes. The

  
Brief Excerpt:

RESEARCH Grupo Embotellador Atic S.L.aÇÖs $300 Million Senior Unsecured Notes Rated '##' Publication date: 14-Aug-2012 Primary Credit Analyst: Luis Manuel M Martinez, Mexico City (52) 55-5081-4462; luis_martinez@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
6856797Z@SM
Issuer
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
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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. "Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB'" Aug 14, 2012. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Grupo-Embotellador-Atic-S-L-s-300-Million-Senior-Unsecured-Notes-Rated-BB-1001368>
  
APA:
S&P Global Ratings’ Credit Research. (). Grupo Embotellador Atic S.L.?s $300 Million Senior Unsecured Notes Rated 'BB' Aug 14, 2012. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Grupo-Embotellador-Atic-S-L-s-300-Million-Senior-Unsecured-Notes-Rated-BB-1001368>
  
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