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JDEP — JDE Peets NV News Story

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Brief: Moody's May Reassess JDE Peet's Rating After Closing Of Acquisition By KDP

Aug 27 (Reuters) - Moody's Ratings:

ACQUISITION BY KDP SUPPORTS JDE PEET'S BUSINESS PROFILE, BUT CREDIT IMPACT WOULD DEPEND ON FINAL CAPITAL STRUCTURE OF COMBINED GROUP

FINANCIAL LEVERAGE OF COMBINED ENTITY WILL MATERIALLY INCREASE, WHICH LIMITS POSITIVE PRESSURE ON JDE PEET'S RATING

PLANNED SEPARATION OF BEVERAGE, COFFEE BUSINESSES WILL REQUIRE INVESTMENT TO PREPARE FOR SPLIT,  INTEGRATE, SEPARATE OPERATIONS

MAY REASSESS JDE PEET'S RATING ONCE MORE DETAILS BECOME AVAILABLE

Source text: ID:nMDYwWMH

Further company coverage: JDEP.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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