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Moody's: Coca-Cola Femsa unchanged
Moody's Investors Service said that it does not expect any impact on the A3/Aaa.mx senior ratings or positive outlook of Coca-Cola Femsa, SAB de CV as a result of the joint acquisition by Coca-Cola Co. and KOF of Grupo Industrias Lácteas, given the modest expected impact on credit metrics and the likely strategic value this transaction should have for the company's non-carbonated beverage platform.
The last rating action on Coca-Cola Femsa was on Jan. 21, 2010 when Moody's changed the company's outlook to positive from stable.
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