21.10.2016 18:29:00
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B.A.T Industries plc -- Moody's places British American Tobacco's A3 and P-2 ratings under review for downgrade
London, 21 October 2016 -- Moody's Investors Service, ("Moody's") has today placed on review for downgrade the A3 long term ratings and the P-2 short term ratings of British American Tobacco Plc ("BAT") and its subsidiaries. From a preliminary analysis, any downgrade of the long term ratings is likely not to exceed two notches.