S&P puts Keurig on positive watch, Dr. Pepper on negative watch

S&P said it placed all of its ratings on Keurig Green Mountain Inc., including the BB+ corporate credit rating, on CreditWatch with positive implications.

At the same time, S&P placed its ratings on Dr. Pepper Snapple Group Inc., including the BBB+ corporate credit ratings, and senior unsecured ratings on CreditWatch with negative implications. Concurrently, the agency affirmed the A-2 short-term and commercial paper ratings.

Both CreditWatch listings follow Keurig’s announcement of plans to merge with Dr. Pepper Snapple.

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