26.11.2021

Fitch Ratings (hereinafter referred to as the “Agency”) has upgraded the Long-Term Issuer Default Ratings (IDRs) of JSC “KHC” in both foreign and national currencies from “BBB-” to “BBB” with a “Stable” Outlook.

The Agency has also upgraded the Company’s outstanding senior unsecured debt rating to “BBB”.

In turn, the Short-Term Foreign Currency IDR has been upgraded from “F3” to “F2”.