Turning Point Brands, Inc.: August 2020 Update Of Key Credit Factors
CORPORATES CREDIT OPINION 21 August 2020 Update RATINGS Turning Point Brands, Inc. Domicile United States Long Term Rating B2 Type LT Corporate Family Ratings Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Maria Iarriccio +1.212.553.1354Turning Point Brands is a holding company. Through its subsidiaries, the company is engaged as an independent provider of Other Tobacco Products. The company operates in three segments: Smokeless products, which manufactures and markets moist snuff and contract for and market loose leaf chewing tobacco products; Smoking products, which markets and distributes cigarette papers and related products, make-your-own (MYO) cigar wraps, MYO loose cigar smoking tobacco, cigars, and pipe tobaccos; and NewGen products, which markets and distributes liquid vapor products, tobacco vaporizer products, and certain other products without tobacco and/or nicotine.
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