Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Protective Life Corp. > News item |
Moody's: Protective Life debt Baa3
Moody's Investors Service said it assigned a Baa3 subordinated debt rating to Protective Life Corp.'s $250 million issuance of 30 year 6.25% fixed rate debentures.
The outlook is stable.
Moody's said it expects proceeds to be used to redeem a portion of capital securities issued by PLC Capital Trusts III and IV.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.