Friday, April 17, 2009
Fitch downgrades Lincoln senior debt two notches
Fitch Ratings downgraded its insurer financial strength rating on Lincoln National Life Insurance Co. to A+ (strong) from AA- (very strong) on Thursday, and lowered debt and default ratings of parent Lincoln National Corp.
The lower A+ rating reflects weaker statutory capital at Lincoln National Life after it contributed cash to help the parent company pay off $500 million in maturing debt, Fitch said...
Courant: Fitch downgrades Lincoln senior debt two notches
The lower A+ rating reflects weaker statutory capital at Lincoln National Life after it contributed cash to help the parent company pay off $500 million in maturing debt, Fitch said...
Courant: Fitch downgrades Lincoln senior debt two notches
Permalink posted by markw @ 4:58 AM 
 |
 |  |
  |
