OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC’s (Chubb) (Delaware) recently announced USD 1.25 billion issuance of 4.9% senior unsecured notes due 2035 in the U.S. market, which are guaranteed by Chubb Limited. The outlook assigned to this Credit Rating is stable. Chubb intends to use the net proceeds from this offering for general corporate purposes, which may include the redemption, repurchase or repayment of
Related Questions
How will the “a+” rating on Chubb’s senior unsecured notes influence the company’s bond yields and spreads?
What are the longer‑term implications for Chubb’s credit profile if it continues to issue unsecured senior notes?
Is there a potential effect on the market demand for the 4.9% notes given the rating and guarantee by Chubb Limited?
What impact, if any, will the stable outlook and a+ rating have on Chubb’s equity valuation and stock price?
Will the issuance of $1.25 billion of 4.9% notes affect Chubb’s liquidity or leverage ratios?
How does this credit rating and issuance compare to similar offerings from competitors such as AIG or Travelers?
Could the net proceeds used for general corporate purposes lead to repurchasing or redeeming existing debt, and how might that affect the capital structure?