March 10, 2008
Prospector
Profile
3-4-001
 
Cott Corporation NAICS 312111
207 Queen's Quay West, Suite 340 Toronto, Ontario, Canada M5J 1A7 Description Soft Drink Mfg.
(416) 203-3898 Employees 3163
http://www.cott.com Revenue (mil) 1771.8000
  Income (mil) -17.5000
  Assets (mil) 1139.5000
  Liability (mil) 650.8000
  (for the year ended 2006-12-31)
 
Category: Low Rating
 
Event: Standard & Poor's Ratings Services placed its 'B' long-term corporate credit and 'CCC+' subordinated debt ratings on Toronto-based beverage manufacturer Cott Corp. on CreditWatch with negative implications. "The CreditWatch listing follows Cott's announcement that ongoing negotiations with Wal-Mart Stores Inc. could result in a reduction of shelf space and merchandising support for its private label carbonated soft drinks in the U.S.," said Standard & Poor's credit analyst Lori Harris.
 
Intellectual Property: The Company owns registrations, or applications to register, various trademarks that are important to its worldwide business, including Cott(R) and Orient Emporium Tea Co.(TM) in the U.S., Canada and the U.K., Stars & Stripes(R), Vess(R), Vintage(R), So Clear(R), Top Pop(R), and City Club(R) in the U.S., Red Rain(TM) and Red Rave(TM) in the U.S. and Canada, Red Rooster(R), Benshaws(R) and the H2 family of brands in the U.K., and RC(R) in more than 100 countries outside of North America. Moreover, the Company is licensed to use certain trademarks, including Carters(R) in the U.K., Jarritos(R) in Mexico, and RC(R) in certain regions of Canada. [SEC Filing 10-K 02-28-07]
 
Description: Cott Corp. operates in North America through its subsidiaries, Cott Beverages Inc., Cott Beverages Canada, Cott Beverages Ltd., and Cott Embotelladores de Mexico, S.A. de C.V. The Company produces and supplies retailer brand beverages.
 
Officers: Frank E. Weise (Chair); Brent Willis (Pres., CEO & Dir.); B. Clyde Preslar (EVP); Mark R. Halperin (SVP, Gen. Counsel & Sec.); Tina Dell'Aquila (VP, CFO, Controller & Asst. Sec.); Abilio J. Gonzalez (Chief People Officer); Thomas Aruffo (Chief Info. & Shared Services Officer); Colin J. Adair (Dir.); W. John Bennett (Dir.); Serge Gouin (Dir.); Stephen H. Halperin (Dir.); Betty Jane Hess (Dir.); Philip B. Livingston (Dir.); Christine A. Magee (Dir.); Andrew Prozes (Dir.); Donald G. Watt (Dir.); George Burnett (Dir.)
 
Auditor: PricewaterhouseCoopers LLP
 
Securities: Common Stock Symbol COT; NYSE; 71,865,830 common shares outstanding as of June 30, 2007. 8% senior subordinated unsecured notes due 2011.
 
 
 
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