Friday, February 13, 2009

 

Hartford loses access to U.S. lending facility, shares plunge

Hartford Financial Services Group Inc lost access to a U.S. commercial paper lending facility after recent debt rating downgrades, it said in a regulatory filing, and shares dropped 11 percent.

In the filing on Thursday with the U.S. Securities and Exchange Commission, Hartford (HIG.N), a large life and property insurer, said it will have to repay the $375 million borrowed under a federal program...

Reuters: Hartford loses access to U.S. lending facility, shares plunge

This page is powered by Blogger. Isn't yours?