- Language: English
- 98 Pages
- Published: November 2011
- Region: Mexico
Research Update: Coca-Cola Femsa S.A.B. de C.V. Outlook Revised To Positive, Rating Affirmed
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
On March 7, 2008, Standard & Poor's Ratings Services revised its outlook on the 'BBB+' long-term corporate credit rating on Mexico-based Coca-Cola Femsa S.A.B. de C.V. (KOF) to positive from stable. The outlook revision reflects the improvement in KOF's financial profile and its strong business fundamentals. We believe that KOF's ability to continue leveraging on its brand equity and distribution network will support the company's performance in volatile market conditions, and allow it to maintain a strong market share and further position its products in countries other than Mexico. The ratings on KOF reflect the company's satisfactory business profile, The Coca-Cola Co.'s (KO; A+/Stable/A-1) implicit support through its 31.6% stake in KOF, and the strategic position that KOF holds in...
Companies mentioned in this report are: Coca-Cola Femsa, S.A.B. de C.V.,Coca-Cola Co. (The)
Action: Outlook: Positive
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Coca-Cola Femsa, S.A.B. de C.V.,Coca-Cola Co. (The)