NEW YORK (Standard&Poor's CreditWire) June 13, 2001--Standard&Poor's today assigned its triple-'B'-plus rating to AutoZone Inc.'s $400 million senior unsecured revolving credit facility which matures in May 2002 and $200 million senior unsecured term loan which matures in May 2003. The triple-'B'-plus rating on the company's existing $650 million 364-day credit facility was simultaneously withdrawn. In addition, Standard&Poor's affirmed its triple-'B'-plus long-term corporate credit, senior unsecured debt, and senior unsecured bank loan ratings on AutoZone, as well as its 'A-2' short-term corporate credit and commercial paper ratings on the company. The preliminary triple-'B'-plus senior unsecured and preliminary triple-'B' subordinated debt ratings on AutoZone's shelf registration were also affirmed. The outlook is negative. The new $600
