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AM Best Assigns Issue Credit Rating to Unum Group's New Senior Unsecured Notes
Businesswire· 2025-11-11 17:32
Core Viewpoint - AM Best has assigned a Long-Term Issue Credit Rating of "bbb+" (Good) to Unum Group's recently issued $300 million senior unsecured notes, with a stable outlook [1] Group 1: Credit Rating Details - The Long-Term IR rating of "bbb+" indicates a good credit quality for Unum Group [1] - The outlook for this credit rating is stable, suggesting no immediate changes are expected [1] Group 2: Financial Instrument Information - Unum Group issued $300 million of 5.250% senior unsecured notes due on December 15, 2035 [1] - The proceeds from the issuance will be utilized for general corporate purposes and to repay $275 million of outstanding senior unsecured debt [1]
AM Best Assigns Issue Credit Ratings to Elevance Health, Inc. New Senior Unsecured Notes
Businesswire· 2025-09-10 21:25
Core Viewpoint - AM Best has assigned a Long-Term Issue Credit Rating of "bbb+" (Good) to Elevance Health Inc.'s newly issued senior unsecured notes, indicating a stable outlook for the company's creditworthiness [1] Summary by Category Credit Rating - Elevance Health Inc. has received a Long-Term Issue Credit Rating of "bbb+" from AM Best [1] - The outlook for this Credit Rating is stable [1] Financial Instruments - Elevance Health has issued several senior unsecured notes totaling $3 billion, with the following details: - $750 million in 4.0% senior unsecured notes, due 2028 [1] - $750 million in 4.6% senior unsecured notes, due 2032 [1] - $1 billion in 5.0% senior unsecured notes, due 2036 [1] - $500 million in 5.7% senior unsecured notes, due 2055 [1]