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COCA-COLA ENTERPRISES $250 MILLION 6.75 PERCENT 30-YEAR DEBENTURES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Sept. 8 /PRNewswire/ -- Coca-Cola Enterprises Inc.'s (CCE) $250 million of 6.75 percent debentures due 2023 are rated 'A+' by Fitch. The company's outstanding $3.7 billion 'A+' senior debt and approximately $480 million 'F-1' commercial paper are affirmed. The credit trend is stable.
 The ratings reflect the stable recession-resistant characteristics of the domestic soft drink industry and CCE's major role in it. The company's geographic diversity, market share performance of leading products, improved management, and the imputed credit support of the Coca-Cola Co. lend further support. Credit concerns include CCE's relatively high leverage (approximately six times cash operating profit) and below-average interest coverage ratios.
 -0- 9/8/93
 /CONTACT: Thomas W. Hoens, CPA of Fitch, 212-908-0569/
 (CCE)


CO: Coca-Cola Enterprises Inc. ST: Georgia IN: SU: RTG

PS -- NY045 -- 9806 09/08/93 12:16 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:139
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