Home Credit Ratings and Research S&P Global Ratings’ Credit Research Cott Corp.

Summary: Cott Corp.

Published Mar 27, 2013

1741 words — Published Mar 27, 2013

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

Leading market positions in private label take-home carbonated soft drinks (CSDs) and shelf stable juices Small size in a sector dominated by companies with substantially greater financial resources and market presence Customer concentration Susceptibility to commodity cost swings Potential volatility of earnings and credit metrics Adequate credit protection measures Positive free cash flow The stable outlook on Mississauga, Ont.-based Cott Corp. is based on Standard&Poor's Ratings Services' belief that the company's operating performance and credit protection measures will be in line with our expectations in the medium term, including adjusted debt to EBITDA in the 3x area. We could lower the ratings if the company's operating performance falls below our expectations or if Cott's financial flexibility and credit

Brief Excerpt:

RESEARCH Summary: Cott Corp. Publication date: 27-Mar-2013 Primary Credit Analyst: Lori A Harris, Toronto (1) 416-507-2546; lori_harris@standardandpoors.com Secondary Contact: Donald Marleau, CFA, Toronto (1) 416-507-2526; donald_marleau@standardandpoor...

Report Type:

Summary

Ticker

BCB@CN

Issuer

Cott Corp.

GICS

Soft Drinks (30201030)

Sector

Global Issuers

Country

Canada

Region

Canada

Format:

HTML

Research Update: Cott Corp. Ratings Placed On CreditWatch Developing As Strategic Alternatives Are Explored – 2014/02/13 – US$ 225.00

Cott Corp. Ratings Put On CreditWatch Developing As Strategic Alternatives Are Considered – 2014/02/13 – US$ 150.00

Cott Corp. Affirmed At 'B+', Off Watch Dev; Proposed US$525M Senior Unsecured Notes Rated 'B+' (Recovery Rating: '4') – 2014/06/10 – US$ 150.00

Research Update: Cott Corp. Affirmed At 'B+', Off Watch Dev; Proposed US$525M Senior Unsecured Notes Rated 'B+' (Recovery Rating: '4') – 2014/06/10 – US$ 225.00

Cott Corp. Put On Watch Negative, DS Services of America Inc.'s Secured Notes Put On Watch Positive On Potential Buyout – 2014/11/06 – US$ 150.00

Cott Corp. CCR Raised To 'B+' From 'B' On Strengthened Profitability, Sustained Improved Credit Metrics; Outlook Stable – 2012/09/26 – US$ 150.00

Research Update: Cott Corp. Upgraded To 'B+' From 'B' On Strengthened Profitability And Sustained Improved Credit Metrics; Outlook Stable – 2012/09/26 – US$ 225.00

Summary: Cott Corp. – 2012/02/27 – US$ 225.00

Cott Corp. – 2011/08/25 – US$ 500.00

Summary: Cott Corp. – 2011/08/25 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: Cott Corp." Mar 27, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cott-Corp-1104292>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Cott Corp. Mar 27, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cott-Corp-1104292>

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