Continental Baking Company Credit Rating

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Date	Document Type	Title	Source
05 Sep 2018	Sector Comment	EMEA Consumer Products: Newsletter September 2018	Moody's Investors Service
30 Aug 2018	Sector In-Depth	Non-financial companies – China: Shareholders’ use of share-pledged loans can weaken listed companies’ credit quality	Moody's Investors Service
23 Aug 2018	Sector Comment	Consumer goods - Europe: Exposure to Turkey is modest, but emerging market currency volatility could hit earnings	Moody's Investors Service
20 Aug 2018	Sector Comment	July 2018: Asian High-Yield: Market Pulse	Moody's Investors Service
13 Aug 2018	Sector In-Depth	Corporate credit quality – Mexico: Most sectors will remain stable through 2019, but new energy agenda poses risks	Moody's Investors Service
13 Aug 2018	Sector In-Depth	Corporate credit quality – Peru: Companies will strengthen through 2019 as political and climatic disruptions fade away	Moody's Investors Service
06 Aug 2018	Sector Comment	Rated non-financial companies - China: More companies are likely to be affected as trade dispute with US escalates	Moody's Investors Service
30 Jul 2018	Sector Comment	Consumer products — Europe: Emerging markets support revenue growth, but M&A and shareholder-friendly policies weigh on credit quality	Moody's Investors Service
02 Jul 2018	Sector In-Depth	Cross-Sector - Mexico: Financial volatility, oil sector risks will likely increase following Lopez Obrador election	Moody's Investors Service
29 Jun 2018	Sector Comment	Rated non-financial companies - China: US-China trade dispute heightens risks that macroeconomic conditions will weaken	Moody's Investors Service
28 Jun 2018	Compilation	Renminbi Bonds Monitor: June 2018	Moody's Investors Service
21 Jun 2018	Sector Comment	June 2018: Asian High-Yield: Market Pulse	Moody's Investors Service
14 Jun 2018	Sector In-Depth	Consumer packaged goods - North America: M&A activity to increase as companies seek growth amid pricing and cost pressures	Moody's Investors Service
08 Jun 2018	Sector Comment	EMEA Consumer Products: Newsletter June 2018	Moody's Investors Service
31 May 2018	Sector In-Depth	Rated non-financial companies - China: Credit Trend Monitor for 2018	Moody's Investors Service
17 May 2018	Sector In-Depth	Cross-Sector - US and China: China is focused on developing its tech sectors despite risk of US restrictions	Moody's Investors Service
15 May 2018	Sector In-Depth	Rated non-financial companies - China: Domestic focus and low reliance on US tech reduce exposure to US-China trade dispute	Moody's Investors Service
08 May 2018	Sector Comment	Consumer, Tobacco and Pharmaceuticals: US: Companies invest in marijuana to learn more about its challenges and opportunities	Moody's Investors Service
07 May 2018	Sector In-Depth	Corporate liquidity - Chile: Refinancing risk continues to improve on business confidence and commodity prices	Moody's Investors Service
03 May 2018	Sector Comment	Agribusiness will benefit from rising food demand, with the help of new techonology	Moody's Investors Service
03 May 2018	Sector In-Depth	Corporates - Global: Agribusiness will benefit from rising food demand, with the help of new technology	Moody's Investors Service
13 Apr 2018	Sector Comment	Packaged Foods - US: China pork tariff would hurt smaller pork operations, but not major processors	Moody's Investors Service
11 Apr 2018	Sector In-Depth	Trade - China: Tech most exposed to US tariffs; supply chains to amplify effect on other sectors	Moody's Investors Service
10 Apr 2018	Compilation	Inside Japan: April 2018	Moody's Investors Service
22 Mar 2018	Sector In-Depth	Non-financial companies - Asia (ex Japan): Most rated companies can address $850 billion in bond maturities through 2022	Moody's Investors Service
14 Mar 2018	Sector In-Depth	Retail & Apparel - US: Defaults will peak in March, but pressures will persist among weaker issuers	Moody's Investors Service
13 Mar 2018	Sector Comment	State-owned enterprises (SOEs) - China: Government’s policy measures support further deleveraging for central SOEs	Moody's Investors Service
08 Mar 2018	Compilation	Renminbi Bonds Monitor: March 2018	Moody's Investors Service
31 Jan 2018	Sector In-Depth	Cross-Sector — China: New US tax law has few credit implications for Chinese sovereign and companies	Moody's Investors Service
30 Jan 2018	Sector Profile	Speculative-grade nonfinancial corporates - Europe: An overview of sector credit trends	Moody's Investors Service
08 Jan 2018	Sector In-Depth	State-owned enterprises (SOEs) - China: Leverage will continue to decline gradually for most rated SOEs through 2018	Moody's Investors Service
15 Dec 2017	Outlook	Consumer, Retail and Telecom – Latin America: 2018 Outlook - consumer consumption is recovering; telecom operators looking to long-term growth (Slides)	Moody's Investors Service
14 Dec 2017	Outlook	Packaged Goods, Food and Consumer Durables - EMEA: 2018 Outlook - Positive for large diversified companies, but stable for others (Slides)	Moody's Investors Service
14 Dec 2017	Sector In-Depth	US Food Industry: Increasing debt to sustain shareholder payouts could lead to downgrades	Moody's Investors Service
13 Dec 2017	Outlook	Consumer Products, durables, foods & beverages - Global: 2018 outlook features modest revenue growth and mixed commodity cost environment (Slides)	Moody's Investors Service
21 Nov 2017	Sector In-Depth	Non-financial corporates - China: 2018 Outlook - Revenue and cash flow growth drive moderate deleveraging (Slides)	Moody's Investors Service
21 Nov 2017	Compilation	Renminbi Bonds Monitor: November 2017	Moody's Investors Service
20 Nov 2017	Sector In-Depth	Non-financial corporates - US: Corporate cash to rise 5% in 2017; top five cash holders remain tech companies	Moody's Investors Service
20 Nov 2017	Outlook	Non-financial corporates - Asia (ex Japan): 2018 Outlook - Steady economic and corporate earnings growth underpin stable credit quality (Slides)	Moody's Investors Service
03 Nov 2017	Sector In-Depth	China Credit: Party Congress policy agenda is generally credit positive; challenges remain	Moody's Investors Service
01 Nov 2017	Sector In-Depth	Non-financial companies - North Asia: Updated methodology for notching ratings has limited effect on portfolio	Moody's Investors Service
31 Oct 2017	Outlook	US Packaged Food: Cash flow growth flattens as cost cutting benefits wane	Moody's Investors Service
27 Oct 2017	Sector Comment	Cross Sector – China Credit: Party Congress consolidates central power, focuses on reform, but highlights challenges	Moody's Investors Service
26 Oct 2017	Sector In-Depth	Asian High Yield Interest Chartbook	Moody's Investors Service
19 Oct 2017	Compilation	Inside Japan: October 2017	Moody's Investors Service
18 Oct 2017	Sector In-Depth	Packaged goods - EMEA : Stable cash flow will help offset higher debt from M&A, shareholder returns	Moody's Investors Service
03 Oct 2017	Sector Profile	Speculative-grade nonfinancial corporates – Europe: An overview of sector credit trends	Moody's Investors Service
25 Sep 2017	Outlook	Outlook Update: US Packaged Foods Industry: We are lowering our outlook to stable as cost-cutting benefits wane	Moody's Investors Service
20 Sep 2017	Outlook	Global Consumer Packaged Goods: Outlook still positive on expectations for continued solid profit growth	Moody's Investors Service
20 Sep 2017	Sector In-Depth	Consumer, Healthcare and Pharmaceuticals - US: Willing and able: How companies pursue M&A without destroying their credit	Moody's Investors Service

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