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Fitch affirms PepsiAmericas
Fitch Ratings said it affirmed the following ratings of PepsiAmericas, Inc.: long-term issuer default rating at A, bank credit facility at A, senior unsecured debt at A, short-term issuer default rating at F1 and commercial paper at F1.
The outlook is stable.
The agency said that the affirmation reflects PepsiAmericas' importance within the PepsiCo bottling system, its continued ability to generate substantial operating cash flow and its fast growing Central and Eastern Europe businesses.
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