Moody's: SABMiller notes Baa1

Moody's Investors Service said it assigned a provisional Baa1 rating to SABMiller Holdings Inc.'s $3 billion euro medium-term note program, which is guaranteed by SABMiller plc.

"The provisional Baa1 rating assigned to this euro medium-term note program reflects the status of the notes, which constitute direct, unsecured and unsubordinated obligations of SABMiller Holdings Inc. and benefit from an unconditional and irrevocable guarantee from SABMiller," Moody's vice president, senior analyst and lead analyst for SABMiller Yasmina Serghini-Douvin said in a news release.

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