BRIEF-Fitch Revises Meituan's Outlook To Stable From Negative, Affirms Ratings At 'BBB-'

Reuters2023-04-13

April 13 (Reuters) -

* FITCH REVISES MEITUAN'S OUTLOOK TO STABLE FROM NEGATIVE, AFFIRMS RATINGS AT 'BBB-'

* FITCH-OUTLOOK REVISION REFLECTS EXPECTATION THAT MEITUAN'S FREE CASH FLOW GENERATION TREND IS LIKELY TO BE SUSTAINED AFTER TURNING POSITIVE IN 2022

* FITCH-AFFIRMED MEITUAN'S SENIOR UNSECURED RATING AND RATING ON ITS US DOLLAR NOTES AT 'BBB-'

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