Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for Reynolds American Inc. > News item |
Moody's rates Reynolds American notes Baa2
Moody's Investors Service said it assigned a Baa2 rating to Reynolds American Inc.'s senior unsecured notes offering. The company plans to issue $2.55 billion in 3-year, 10-year and 30-year securities.
The outlook is stable.
"Reynold's senior unsecured rating and stable outlook reflects our view that profits and cash flow will remain strong with credit metrics that remain acceptable for a Baa2 issuer," said Moody's senior vice president Janice Hofferber in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.