Thursday, February 26, 2009
A.M. Best Downgrades Issuer Credit Ratings of MetLife and Its Subs
A.M. Best Co. has downgraded the issuer credit rating (ICR) to "a-" from "a" of MetLife, Inc. (MetLife)...
Best also has downgraded the ICRs to "aa-" from "aa" and affirmed the financial strength rating of A+ (Superior) of MetLife's core life/health subsidiaries. Concurrently, A.M. Best has downgraded the debt ratings of MetLife and its subsidiaries. Additionally, A.M. Best has assigned a debt rating of "a-" to the $1.03 billion issue of 7.717 percent senior unsecured notes, Series B, due 2019 of MetLife. The outlook for all ratings is stable...
Trading Markets: A.M. Best Downgrades Issuer Credit Ratings of MetLife and Its Subs and Assigns Ratings to MetLife's Senior Debt Securities
Best also has downgraded the ICRs to "aa-" from "aa" and affirmed the financial strength rating of A+ (Superior) of MetLife's core life/health subsidiaries. Concurrently, A.M. Best has downgraded the debt ratings of MetLife and its subsidiaries. Additionally, A.M. Best has assigned a debt rating of "a-" to the $1.03 billion issue of 7.717 percent senior unsecured notes, Series B, due 2019 of MetLife. The outlook for all ratings is stable...
Trading Markets: A.M. Best Downgrades Issuer Credit Ratings of MetLife and Its Subs and Assigns Ratings to MetLife's Senior Debt Securities
Permalink posted by markw @ 5:46 AM 
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