Pernod Ricard – Moody’s raises its rating to Baa2, stable outlook – Reuters

26 May (Reuters) – Moody’s Investors Service announced Thursday it had raised its credit rating of Pernod Ricard, from Baa3 to Baa2 with a stable outlook

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the agency noted in a statement that its decision was motivated by his belief that the number two global spirits will continue to reduce its debt on the next 12 to 18 months.

The short-term rating was raised from P3 to P2, said Moody’s.

Press release:

here (Benoit Van Overstraeten for the French service)

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