Grupo Atic has announced plans to reopen its US$300 million senior unsecured notes, which were first launched in May 2012 to refinance existing debt and to fund capital expenditures and general corporate purposes. We are affirming our 'BB' issuer credit rating on Grupo Atic. The outlook remains stable. We are also affirming our 'BB' rating on the company's senior unsecured notes. The stable outlook reflects our expectation that the Grupo Atic's credit measures will remain in line with the rating, despite competitive pressures over the near term. On Nov. 5, 2012, Standard&Poor's Ratings Services affirmed its 'BB' issuer credit rating on Grupo Embotellador Atic S.L. (Grupo Atic). The outlook remains stable. At the same time, Standard&Poor's
