Mexico City, Mexico – April 30, 2018 – Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”) the largest Coca-Cola franchise bottler in the world by sales volume, announces that Moody’s and Standard and Poor’s (“S&P”) have affirmed the credit ratings on Coca-Cola FEMSA and revised the outlook from negative to stable.
On April 16, Moody’s affirmed its “A2” global scale, a notch above Mexico’s sovereign rating, and “Aaa.mx” on a national scale, long term ratings for Coca-Cola FEMSA. Furthermore, Moody’s changed the outlook from negative to stable reflecting the company’s strong liquidity and adequate credit metrics.
On April 27, S&P affirmed its “A-” global scale rating for Coca-Cola FEMSA, a notch above Mexico’s sovereign rating, and “mxAAA” on a national scale. Importantly, S&P revised the outlook from negative to stable, reflecting the company’s commitment to operating efficiencies, leverage metrics and a disciplined risk management.
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