S&P: Bacardi view positive

Standard & Poor's said it affirmed its ratings on Bacardi Ltd., including its BBB+ long-term corporate credit and A-2 short-term corporate credit and commercial paper ratings.

The outlook was revised to positive from stable.

"Our outlook revision is based on expected stronger credit measures as a result of a combination of stable operating performance and modest debt reduction," S&P credit analyst Jean C. Stout said in a news release.

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