Suntory to repay Beam debts before seeking more acquisitions
date:May 19, 2014
nd issuance of corporate bonds domestically and overseas, he said.

Suntory, which completed its acquisition of Beam two weeks ago, is betting that the US bourbon maker will help it expand beyond its home market in Japan. Moodys Investors Service cut Suntorys credit rating to Baa2 from A3 on May 1, citing the companys high financial leverage.

I still think the acquisition of Beam is expensive, even now, but its worth it from a long-term perspective, Saji told reporters in Tokyo. We would first
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