British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger - S&P Global Ratings’ Credit Research

British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger

British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger - S&P Global Ratings’ Credit Research
British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger
Published Feb 11, 2000
717 words — Published Feb 11, 2000
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Abstract:

LONDON (Standard&Poor's CreditWire) Feb. 11, 2000--Standard&Poor's affirmed its long-term corporate credit and senior unsecured ratings of single-'A', and its short-term ratings of 'A-1' on the enlarged British American Tobacco PLC (BAT) group and guaranteed subsidiaries. The outlook is stable. At the same time Standard&Poor's assigned its 'A-1' rating to Imperial Tobacco Canada Ltd.'s (ITCL - the successor company to Imasco Ltd. and Imasco Holding Group Inc., including existing debt) new commercial paper program, reflecting BAT's guarantee and short-term rating. See list below for all rating actions. The affirmation follows the announcement that BAT has completed its acquisition of a further 58% of ITCL shares it did not already own, and the takeover by The

  
Brief Excerpt:

RESEARCH British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger Publication date: 11-Feb-2000 LONDON (Standard & Poor's CreditWire) Feb. 11, 2000--Standard & Poor's affirmed its long-term corporate credit...

  
Report Type:

Ratings Action

Ticker
BATS@LN
Issuer
GICS
Tobacco (30203010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger" Feb 11, 2000. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/British-American-Tobacco-PLC-Ratings-Affirmed-Following-Completion-of-Imasco-Ltd-Merger-140772>
  
APA:
S&P Global Ratings’ Credit Research. (). British American Tobacco PLC Ratings Affirmed Following Completion of Imasco Ltd. Merger Feb 11, 2000. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/British-American-Tobacco-PLC-Ratings-Affirmed-Following-Completion-of-Imasco-Ltd-Merger-140772>
  
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