SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Oct 15, 2021

2. SEC Identification Number

-

3. BIR Tax Identification No.

-

4. Exact name of issuer as specified in its charter

Del Monte Pacific Limited

5. Province, country or other jurisdiction of incorporation

British Virgin Islands

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Craigmuir Chambers, PO Box 71 Road Town, Tortola, British Virgin Islands Postal Code -

8. Issuer's telephone number, including area code

+6563246822

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Ordinary Shares	1,943,960,024
Series A-1 Preference Shares	20,000,000
Series A-2 Preference Shares	10,000,000

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Del Monte Pacific LimitedDELM

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
S&P Global Ratings raised Del Monte Pacific’s US subsidiary, Del Monte Foods’, rating to B from B-
Background/Description of the Disclosure
In its report, S&P stated that: "U.S.-based Del Monte Foods Inc. continues to demonstrate improvement in operating performance, achieving 11% revenue growth and higher profitability in its first fiscal quarter that led to an improvement in leverage to about 3.5x for the 12 months ended Aug. 1, 2021, from about 10x in the same period the previous year. We believe the company will sustain leverage under the mid-5x area and that it has the ability to generate positive free cash flow. As a result, we raised our issuer credit rating on Del Monte to 'B' from 'B-'. We also raised our issue-level rating on its debt to 'B' from 'B-'. The recovery rating remains '3', indicating our expectation for meaningful (50%-70%; rounded estimate: 65%) recovery in the event of a default. The stable outlook reflects our forecast for strong revenue growth and our expectation that the company will be able to offset inflation headwinds with productivity and pricing actions such that leverage will be in the low-3x area in fiscals 2022 and 2023. We also expect at least break-even free cash flow generation in 2022 and above $50 million in 2023." Please refer to the attached for the full report from S&P.
Other Relevant Information
Please refer to the attached document.