NY -- Standard&Poor's CreditWire 8/5/98 -- Standard&Poor's today assigned its single-'A'-minus rating to AutoZone Inc.'s $200 million 6.5% debentures due 2008 and its 'A-2' rating to the company's commercial paper. Standard&Poor's previously assigned its single-'A'-minus corporate credit rating to AutoZone, single-'A'-minus rating to the company's revolving credit facility and single-'A'-minus/triple-'B'-plus rating to the company's mixed securities shelf on July 13, 1998. The outlook is stable. AutoZone announced a tender offer and consent solicitation for the $130 million outstanding 10.5% senior notes due 2005, issued by Chief Auto Parts Inc. which was recently acquired by AutoZone. These notes are currently rated single-'A'-minus. Upon redemption of the notes, Standard&Poor's will withdraw its rating on
