CORPORATES CREDIT OPINION 19 May 2017 Update RATINGS Dufry AG Domicile Switzerland Long Term Rating Ba2 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Ernesto Bisagno 4420-7772-5403 VP-Senior Analyst ernesto.bisagno@moodys
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