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Moody's Ratings withdraws Carrefour S.A.'s ratings

Moody's Ratings (Moody's) has withdrawn the Baa1 long term issuer rating, (P)P-2 other short term rating and (P)Baa1 rating on the senior unsecured medium term notes program of French food retailer Carrefour S.A. The outlook prior to the withdrawal was stable.     RATINGS RATIONALE Moody's has d...

Alimentation Couche-Tard, Inc.: Update to credit analysis

Our credit view of this issuer reflects its strong free cash flow generation, against its high capital investment necessary to maintain store relevance.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Alimentation Couche-Tard, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 14 May 2024 in which Moody's reassessed the appropriateness of the ratings i...

Carrefour S.A.: Update following rating affirmation

Our credit view of this issuer reflects its track record of improving FCF in line with its 2026 transformation plan.

Carrefour S.A.: Update following rating affirmation

Our credit view of this issuer reflects its track record of improving FCF in line with its 2026 transformation plan.

Carrefour S.A. - December 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's affirms Carrefour's ratings, stable outlook

Moody's Ratings ("Moody's") has today affirmed the Baa1 long-term issuer rating to France-based food retailer Carrefour S.A. ("Carrefour" or "the company"). Moody's has also affirmed Carrefour's provisional (P)Baa1 senior unsecured medium term notes programme rating and the provisional (P)P-2 other ...

Moody's rates Alimentation Couche-Tard's senior unsecured notes Baa1

Moody's Investors Service ("Moody's") has assigned Baa1 ratings to Alimentation Couche-Tard, Inc.'s ("ACT") new C$800 million senior unsecured notes due 2030. The Baa1 ratings on ACT's existing senior unsecured notes and Prime-2 rating on its backed commercial paper (foreign) remain unchanged. The o...

Carrefour S.A. - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Carrefour S.A.: Acquisition of Cora and Match France is credit neutral...

The moderate size of the acquisition and limited execution risk will not change Carrefour's credit profile

Alimentation Couche-Tard, Inc.: Update to credit analysis following up...

Our credit view of this issuer reflects its track record of deleveraging following acquisitions, offset by periodic large acquisitions and expectations of lower fuel demand.

Moody's upgrades Alimentation Couche-Tard's rating to Baa1, outlook st...

Moody's Investors Service ("Moody's") has upgraded Alimentation Couche-Tard, Inc.'s ("ACT") long-term senior unsecured rating (foreign and domestic currency) to Baa1 from Baa2 and affirmed its P-2 backed senior unsecured commercial paper (foreign currency) program rating. The outlook remains stable....

Carrefour S.A.: Update to credit analysis

Our credit view of Carrefour reflects its high exposure to hypermarkets, which account for a large portion of the group's sales.

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