22.07.2014 18:07:00
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Reynolds American Inc. -- Moody's Says $23.6 billion Florida Judgment Credit Negative for Reynolds but Ratings are Unchanged
New York, July 22, 2014 -- Moody's Investors Service ("Moody's") today said that the $23.6 billion verdict against Reynolds American Inc. ("Reynolds") for an individual Engle progeny case in Florida is credit negative, but one in which it believes the final impact will be much less dramatic than the headlines imply. For more information, see the Issuer Comment published on Moodys.com.