Fitch Ratings has affirmed and simultaneously withdrawn its ratings on Reynolds America Inc. and R. J. Reynolds Tobacco Holdings, Inc. as follows:
Reynolds American Inc. (RAI)
--Long-term Issuer Default Rating (IDR) at 'BBB-';
--Guaranteed bank credit facility at 'BBB-';
--Guaranteed unsecured notes at 'BBB-'.
R. J. Reynolds Tobacco Holdings, Inc. (a wholly owned subsidiary of RAI)
--IDR at 'BBB-';
--Senior unsecured notes at 'BBB-';
--Guaranteed unsecured notes at 'BBB-'.
The Rating Outlook is Positive.
The ratings have been withdrawn for business reasons, and Fitch will no longer provide rating coverage of RAI and its subsidiaries.
Additional information is available at 'www.fitchratings.com'.
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Contacts:
Fitch Ratings
For analytical questions:
Primary Analyst
Wesley
E. Moultrie II, CPA, +1-312-368-3186
Managing Director
Fitch,
Inc.
70 West Madison Street
Chicago, IL 60602
or
Secondary
Analyst
Carla Norfleet Taylor, CFA, +1-312-368-3195
Director
or
Committee
Chairperson
Phil Zahn, CFA, +1-312-606-2336
Senior Director
or
For
other questions:
Tiffany Co, +1-312-368-3185
Director
Fitch,
Inc.
70 West Madison Street
Chicago, IL 60602
or
Media
Relations:
Brian Bertsch, +1-212-908-0549
Email: brian.bertsch@fitchratings.com