S&P – Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered

Industry: ,    2016-07-07

S&P

* Ball Corp. ratings affirmed following completion of Rexam acquisition, outlook negative; Rexam PLC ratings lowered

* Lowering long-term corporate credit rating on Rexam PLC to ‘BB+’ from ‘BBB-‘

* Affirmation reflects belief that Ball will smoothly integrate the $8.5 billion Rexam acquisition and achieve operating and cost synergies Source – bit.ly/29mR1E6 (Bengaluru Newsroom; +1 646 223 8780).

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