S&P revises Couche-Tard to positive

Standard & Poor's said it revised its outlook on Alimentation Couche-Tard Inc. to positive from stable.

At the same time, the agency affirmed its BBB long-term corporate credit and senior unsecured debt ratings on the company.

"The positive outlook reflects our expectation that adjusted debt-to-EBITDA will improve gradually to below 2x by fiscal 2017," S&P credit analyst Alessio Di Francesco said in a news release.

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