February 7, 2018 / 9:31 PM / in 12 days

BRIEF-‍Moody's Says U.S. Tax Overhaul Will Benefit Large Beverage Cos

Feb 7 (Reuters) - Moody’s Corp:‍

* MOODY‘S SAYS US TAX OVERHAUL WILL BENEFIT LARGE BEVERAGE COMPANIES, CONTINGENT ON SPENDING DISCIPLINE​

* MOODY‘S SAYS U.S. TAX OVERHAUL BROADLY CREDIT POSITIVE FOR U.S.-BASED GLOBAL BEVERAGE COS SO LONG AS COS USE ANY REPATRIATED CASH TO MEANINGFULLY REDUCE DEBT

* MOODY‘S CAUTIONS THAT BEVERAGE COMPANIES WILL LIKELY BE PRESSURED TO USE THE REPATRIATED CASH AND EXPECTED EXPANDED CASH FLOWS TO BOOST SHAREHOLDER RETURNS Source text for Eikon:

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