NEW YORK (Standard&Poor's CreditWire) June 6, 2000--Standard&Poor's today assigned its double-'A'-minus senior unsecured debt rating to SBC Communications Capital Corp.'s $75.2 million Series D medium-term notes and $940 million Series E medium-term notes, which represent drawdowns on the company's Series D and E medium-term note programs. Both issues have been issued under a support agreement with parent SBC Communications Inc. At the same time, Standard&Poor's affirmed its other ratings on SBC and its subsidiaries (see list below). The outlook is stable. The ratings on SBC and its subsidiaries reflect the strong cash flows from the company's core telephone operating companies and SBC's improved business position as a result of its recent merger with Ameritech
