Scor rating upped from negative to developing
A.M. Best Co. has changed the implications of the under review status to developing from negative of the B++ (Very Good) financial strength rating of Scor (Paris), its core subsidiaries and the ratings on debt instruments issued or guaranteed by Scor. (See complete list below.)
This action follows Scor's decision to launch a fully underwritten €750m (£525m) rights issue — €150 million (£105m) higher than previously announced — which will be closed on January 7, 2004. InOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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