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24.10.2016 17:54:00

Riviera Midco SA -- Moody's assigns definitive Ba2 ratings to Riviera Midco SA (Froneri); stable outlook

London, 24 October 2016 -- Moody's Investors Service, ("Moody's") has today assigned a definitive Ba2 corporate family rating (CFR) and a first-time Ba2-PD probability of default rating (PDR) to Riviera Midco SA ('Froneri'), a joint-venture between R&R Ice Cream plc and Nestlé S.A.'s (Aa2 stable) ice cream (and selective chilled and frozen food) business in Europe, Egypt, the Philippines, Brazil and Argentina.

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