Moody's assigns first-time Baa3 rating to RPC; outlook stable
Moody's Investors Service, ("Moody's") has today assigned a Baa3 a long-term issuer rating to RPC Group PLC (RPC, company), a large UK-based manufacturer of plastic packaging products. The outlook on the rating is stable. RATINGS RATIONALE RPC's Baa3 rating reflects the ...RPC is a plastic products design and engineering company for packaging and selected non-packaging markets. Co. develops and manufactures a range of products for a variety of customers, including numerous household names, and the end-markets it serves and the geographical areas in which it operates. The business is organised and managed according to product and market characteristics and is split into two segments, Packaging and Non-packaging. The Packaging business serves the Food, Non-food, Personal Care, Beverage and Healthcare markets. The Non-packaging businesses design and manufacture moulds, plastic products and technical components for specific market segments.
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