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Moody’s rates Liberty notes Baa2
Moody's Investors Service said it rated Liberty Mutual Group Inc.’s planned €500 million of senior notes due 2030 Baa2.
The agency affirmed Liberty’s Baa2 senior unsecured ratings on Oct. 28, 2020.
The company expects to use the proceeds to repay Liberty Mutual Finance Europe DAC's senior notes due in March 2024 and for general corporate purposes.
The outlook for Liberty Mutual is unchanged at stable.
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