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30.09.2015 12:04:00
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Japan Tobacco Inc. -- Moody's affirms JT's Aa3 rating following its acquisition announcement
Tokyo, September 30, 2015 -- Moody's Japan K.K. has affirmed Japan Tobacco Inc.'s (JT) Aa3 issuer and senior secured debt ratings, as well as its (P)Aa3 senior secured medium-term notes program rating. This action follows JT's announcement that it will acquire the Natural American Spirit business from Reynolds American Inc. (RAI, Baa3 stable) for approximately JPY600 billion.
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