We have raised our corporate credit and senior unsecured debt ratings on Plano, Texas-based Dr Pepper Snapple Group Inc. to 'BBB' from 'BBB-'. These ratings have been removed from CreditWatch, where they were placed with positive implications on Dec. 9, 2009. As a result of the company's debt reduction efforts, Dr Pepper Snapple has improved its financial profile. More importantly, we believe its credit measures will continue to support its revised ratings in the intermediate term, despite ongoing weak macroeconomic conditions. The rating outlook is stable. On March 22, 2010, Standard&Poor's Ratings Services raised its ratings on Dr Pepper Snapple Group Inc. (DPS), including its corporate credit rating, to 'BBB' from 'BBB-'. These ratings were removed from CreditWatch
