Investor Update November 2009 (241 kb) - British American Tobacco
Investor Update November 2009 (241 kb) - British American Tobacco
Investor Update November 2009 (241 kb) - British American Tobacco
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Ratings update<br />
� Ratings strategy:<br />
� Target Baa1 / BBB+<br />
� No lower than Baa2 / BBB<br />
� Ratings affirmed after the Bentoel acquisition<br />
Moody’s S&P Fitch<br />
LT Rating Baa1 BBB+ BBB+<br />
ST Rating P-2 A-2 F2<br />
Outlook Stable Stable Stable<br />
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