Fitch rates Molson Coors revolver BBB-

Fitch Ratings said it assigned a BBB- rating to Molson Coors Brewing Co.’s $1.5 billion five-year revolving credit facility and withdrew the rating on the current $750 million facility.

In connection with the new credit agreement, Molson Coors will also upsize its commercial paper program to $1.5 billion from $750 million.

Fitch rates the short-term issuer default rating and commercial paper at F3.

The outlook is stable.

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