Moody's rates Pepsi Bottling notes A2

Moody's Investors Service said it assigned an A2 rating to Bottling Group LLC's $750 million 10-year senior notes due January 2019. Bottling Group is the principal operating subsidiary of Pepsi Bottling Group, Inc.

The outlook is stable.

The A2 rating reflects the company's position as the world's largest seller, manufacturer and distributor of Pepsi-Cola beverages, Moody's said.

The rating also reflects Pepsi Bottling Group's strong and improving operating performance over the years since it was spun off from PepsiCo, the agency added.

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