Santo Domingo.- Cerveceria Nacional Dominicana C. por A. (CND), makers of the top-selling Presidente beer, obtained an affirmed 'B+' for long-term corporate credit and senior unsecured debt ratings from Standard & Poor's Ratings Services, reports Forbes from information provided by the publication Thomson Financial.

“The outlook is stable and reflects S&P's expectations that CND will be able to maintain its solid business profile by consolidating its leading position in the Dominican Republic and increasing its participation in the international markets while improving its financial profile,” Forbes said.

Cerveceria Nacional’s ratings “reflect the shift in its financial policy toward using debt aggressively to finance its corporate restructuring,” notes the report released Wednesday in New York.

Forbes, quoting S&P, also said there’s an uncertainty about the company “achieving its targeted deleveraging path,” after “weaker-than-expected results in 2007.”