Written on Wed, 03/17/2010 - 3:02pm
By Chip Brian
3/17/2010- Standard & Poor's said Wednesday that it downgraded PepsiCo's (NYSE:PEP) corporate credit rating to A from A+.
S&P also affirmed their A long-term ratings on recently acquired bottlers Pepsi Bottling Group Inc. and PepsiAmericas Inc.
PepsiCo is currently trading 0.27% higher at $66.25.
Keywords: PepsiCo standard & poor's
Ticker(s): PEP