S & P said it put a negative outlook on the current ratings of " BBB-" for senior debt and " A-3 " for commercial paper at RJR Nabisco Inc ., " BBB-" for senior debt at Reynolds Industries Inc . and " BB + " for RJR Nabisco Holdings's perpetual preferred stock, trust originated preferred securities and preferred equity redemption cumulative stock.
12.
S & AMP; P said it put a negative outlook on the current ratings of " BBB-" for senior debt and " A-3 " for commercial paper at RJR Nabisco Inc ., " BBB-" for senior debt at Reynolds Industries Inc . and " BB + " for RJR Nabisco Holdings's perpetual preferred stock, trust originated preferred securities and preferred equity redemption cumulative stock.