DBRS Rates Coca-Cola Enterprises $250 Million Senior Unsecured Notes Issue at “A”; Stable Trend
ConsumersDBRS has today assigned a rating of “A” with a Stable trend to the $250 million senior unsecured notes (the Notes) issued by Coca-Cola Enterprises Inc. (CCE).
The ten-year, 4.5% Notes mature on August 15, 2019, and will rank pari passu with all other CCE senior unsecured indebtedness. The proceeds will be used for general corporate purposes, including the repayment of maturing indebtedness.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating Consumer Products, which can be found on our website under Methodologies.
This is a Corporate rating.