Swiss Re bond rated by AM Best
AM Best has assigned a rating of “aa” to the forthcoming 500 million Swiss Francs ($419m) senior notes to be issued by Swiss Re America Holding Corporation and guaranteed by Swiss Reinsurance Company (Switzerland).
According to the rating agency the outlook is stable.The bond will be issued under Swiss Re’s European Medium Term Programme, and the proceeds will be utilised for Swiss Re Capital Markets & Advisory
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