DBRS Rates Coca-Cola Enterprises $600 Million Senior Unsecured Notes Issue at “A”; Stable Trend

DBRS has today assigned a rating of “A” with a Stable trend to the $600 million senior unsecured notes (the Notes) issued by Coca-Cola Enterprises Inc. (CCE). The Notes are to be issued in two tranches:

(1) $350 million 3.75% three-year notes maturing March 1, 2012.

(2) $250 million 4.25% six-year notes maturing March 1, 2015.

The Notes rank pari passu with all other CCE senior unsecured indebtedness. The proceeds will be used for general corporate purposes, including repayment of long-term debt maturities.

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.