(Repeat for additional subscribers)
July 4 (The following statement was released by the rating agency)
Fitch Ratings expects to withdraw its
ratings of Remy Cointreau SA after a 30-day period beginning today. Fitch will
continue to maintain coverage of Remy Cointreau prior to withdrawal. Remy
Cointreau SA has chosen to stop participating in the rating process. Fitch
reserves the right in its sole discretion to withdraw or maintain any rating at
any time for any reason it deems sufficient. Fitch may elect to maintain
coverage based on investor feedback. Fitch will only provide ratings where it
has sufficient information to rate the issuer or transaction.
This advance notice is provided to permit further investor feedback to Fitch and
for the benefit of users in managing their use of Fitch's ratings.
Fitch rates Remy Cointreau SA as follows:
Long-term Issuer Default Rating (IDR): 'BB+'; Outlook Stable
Senior unsecured rating: 'BB+'