BBB

Reynolds American Inc. 8.125% 01-MAY-2040

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BTI4322991 analysis



Key facts


Issuer
Reynolds American, Inc.
Issue date
Dec 18, 2015
Maturity date
May 1, 2040
Outstanding amount
‪236.73 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
8.13% (Fixed)
Yield to maturity
6.27%
Reynolds American, Inc. is the second-largest tobacco company in the United States. Its holdings include R. J. Reynolds Tobacco Company, American Snuff Company (formerly Conwood Company), Santa Fe Natural Tobacco Company and Niconovum AB. Reynolds American's subsidiaries manufacture and market a variety of tobacco products, including cigarettes (Camel, Pall Mall, Kool, Winston, Salem, Doral, Misty, Capri and Natural American Spirit brands) and moist snuff (Grizzly and Kodiak brands). In 2010, Reynolds American's operating companies sold about 28% of all cigarettes sold in the U.S.
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