DBRS Discontinues Coca-Cola Enterprises Commercial Paper Rating
ConsumersDBRS has today discontinued the Commercial Paper ratings of Coca-Cola Enterprises Inc. and Coca-Cola Enterprises (Canada) Bottling Finance Limited (together, CCE or the Company). The Company has terminated its commercial paper program, has no amounts currently outstanding and has no intention of using this program in the future.
CCE’s Senior Unsecured Debt rating remains Under Review with Negative Implications pending the finalization of the acquisition of CCE’s North American bottling operations by The Coca-Cola Company. See DBRS’s press release dated February 25, 2010 for further details.
Notes:
Coca-Cola Enterprises Inc. fully guarantees debt issued by Coca-Cola Enterprises (Canada) Bottling Finance.
The applicable methodology is Rating Consumer Products, which can be found on our website under Methodologies.
Ratings
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