TOKYO (Standard&Poor's) March 22, 2011—Standard&Poor's Ratings Services today withdrew its 'A-2' rating on the U.S. CP program of Toshiba Corp.'s (BBB/Stable/A-2) financial subsidiaries. The rating withdrawal was made at the request of Toshiba Corp. The aforementioned subsidiaries are: Toshiba America Capital Corp. (amount: $300 million; guarantor: Toshiba Corp. and Toshiba America Inc.); Toshiba Capital (Asia) Ltd. (amount: $100 million; guarantor: Toshiba Corp.); and Toshiba International Finance UK PLC (amount: $100 million; guarantor: Toshiba Corp.). We corrected the program size of the aforementioned CP program due to an administrative error; the amount for Toshiba America Capital Corp. was previously misstated at $5 billion. We have confirmed the amount at $300 million.
