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COLES GROUP LIMITED. — Capital/Financing Update 2018
Nov 28, 2018
64687_rns_2018-11-28_5774829c-6012-4257-9b81-8e93e7d14ad2.pdf
Capital/Financing Update
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ASX Release
29 November 2018
COLES CREDIT RATING CONFIRMED
Coles Group Limited (ASX: COL) today announces that it has been assigned public credit ratings of BBB+ from Standard & Poor’s and Baa1 from Moody’s, both with a stable outlook.
As outlined in the Demerger Scheme Booklet, Coles’ strong balance sheet, attractive cash generation characteristics and market leading position in growing and resilient markets has supported strong investment grade credit ratings from leading global credit agencies.
For more information:
Investor Relations
Media
Silvia di Federico
Head of Investor Relations Tel: +61 3 9829 3724 / +61 438 549 550 E-mail: [email protected]
Blair Speedy
National Media Manager Tel: +61 3 9829 4008 / +61 431 960 249 E-mail: [email protected]
Mark Howell
General Manager, Investor Relations Tel: +61 3 9829 6408 / +61 400 332 640 E-mail: [email protected]
Coles Group Limited ABN 11 004 089 936 800 Toorak Road Hawthorn East Victoria 3123 Australia PO Box 2000 Glen Iris Victoria 3146 Australia Telephone +61 3 9829 5111 www.colesgroup.com.au