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Published on 1/25/2016 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS rates Empire Life preferreds Pfd-2

DBRS said it provisionally rated the Empire Life Insurance Co.’s non-cumulative rate reset preferred shares, series 1, at Pfd-2 with a stable trend.

DBRS said it assigned the preferred share ratings in accordance with Empire Life’s financial strength rating of A.


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