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Entity-Specific Rating Rationales

03 Dec 2025

United Breweries Limited: Ratings reaffirmed; rated amount enhanced

United Breweries Limited: Ratings reaffirmed; rated amount enhanced

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31 Oct 2025

United Breweries Limited: Ratings reaffirmed for bank facilities; reaffirmed and withdrawn for commercial paper

United Breweries Limited: Ratings reaffirmed for bank facilities; reaffirmed and withdrawn for commercial paper

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17 Jan 2025

United Breweries Limited: Update on material event

United Breweries Limited: Update on material event

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29 Oct 2024

United Breweries Limited: Ratings reaffirmed

United Breweries Limited: Ratings reaffirmed

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31 Oct 2023

United Breweries Limited: Ratings reaffirmed

United Breweries Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

28 Nov 2025

United Breweries Limited

United Breweries Limited (Non-SF)

27 Nov 2024

United Breweries Limited

United Breweries Limited (Non-SF)

29 Nov 2023

United Breweries Limited

United Breweries Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long Term – Fund Based – Term Loan -- -- [ICRA]AA+(Stable) --
Commercial Paper Withdrawn -- -- --
Long-term/ Short-term – Non-fund Based/ Fund-based [ICRA]A1+ -- [ICRA]AA+(Stable) --

Our Analysts

Analyst 1

Kesavulu Mannaru

Analyst 2

Mythri Macherla

Sector Head

Jitin Makkar
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