正面展望意味著如果美團的表現符合惠譽的預期，在未來六到十二個月的「BBB+」評級上行潛力。Rating agency Reputation raised its long-term issuer default rating from “BBB-” to “BBB” from “BBB-” to “BBB”. Maintain a positive outlook. At the same time, the rating of the US$0.75 billion notes due in 2025 and the $1.25 billion notes due in 2030 will be upgraded from “BBB-” to “BBB”.
This upgrade reflects Merit's successful strategic execution and easing of in-store competition, which significantly improved its profitability and generated strong free cash flow, according to Goodwill.
QE expects that the scalability of the Migong platform, increased penetration in its core local business business, and the strategic shift from subsidy driven investment to return-driven investment will support robust EBITDA growth and free cash flow generation in the medium to short term.
A positive outlook implies upside potential for the “BBB+” rating in the next six to 12 months if the group performs in line with Proud's expectations.
