Tokyo, May 01, 2014 -- Moody's Japan K.K. has downgraded Suntory Holdings Limited's ("Suntory Holdings") issuer rating to Baa2 from A3. The outlook is stable. This concludes the review of Suntory Holdings' ratings, which commenced on 14 January 2014 when the company announced that it will acquire Beam Inc. ("Beam") for JPY1.6 trillion (USD15.8billion, at JPY100/1 USD).

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