Fitch affirms Anheuser-Busch

Fitch Ratings said it affirmed Anheuser-Busch InBev NV/SA's long-term issuer default rating and senior unsecured rating at BBB and short-term issuer default rating at F3.

The agency said the affirmation reflects Fitch's expectations that the company’s deleveraging will be slow over the next two to three years, with leverage metrics projected to remain commensurate with the weaker BB rating category in the medium term.

Fitch said that the excessive debt burden continues to be balanced by the company’s very strong operational profile, as well as its above industry average profitability and sound financial flexibility, supporting the ratings.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.