Fitch Affirms and Withdraws Lowe's Ratings: Fitch Ratings has affirmed and simultaneously withdrawn its ratings on Lowe's Companies, Inc. (Lowe's), which are as follows:
Vergrößern Fitch Affirms and Withdraws Lowe's Ratings | Bild: © ad-hoc-news

--Long-term Issuer Default Rating (IDR) at 'BBB+';

--Senior unsecured notes at 'BBB+';

--$1.75 billion bank credit facilities at 'BBB+';

--Short-term IDR at 'F2';

--Commercial paper at 'F2'.

The Rating Outlook is Stable.

The ratings have been withdrawn for business reasons, and Fitch will no longer provide rating coverage of Lowe's.

For analytical questions contact:

Additional information is available at 'www.fitchratings.com'. The ratings above were unsolicited and have been provided by Fitch as a service to investors.

Applicable Criteria and Related Research:

--'Corporate Rating Methodology' (Aug. 12, 2011);

--'Short-Term Ratings Criteria for Non-Financial Corporates' (Jan. 9, 2012).

Applicable Criteria and Related Research:

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=647229

Short-Term Rating Criteria for Non-Financial Corporates

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=663651

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