Fitch changes Embotellador Atic to stable

Fitch Ratings said it affirmed Grupo Embotellador Atic SA's (Atic) issuer default ratings at B- and Ajecorp BV's senior unsecured notes at B-/RR4.

The outlook was revised to stable from negative.

Fitch said the outlook revision reflects Atic's initiatives to improve liquidity, asset divestments implemented in 2016 and the restructuring of non-core assets.

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