Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Allianz SE > News item |
Moody’s assigns A2 (hyb) to Allianz bond
Moody's Investors Service said it assigned an A2 (hyb) rating to the undated €1.5 billion subordinated bond issued by Allianz SE (Aa3 insurance financial strength rating).
The outlook is stable, in line with the stable outlook on Allianz.
The A2 (hyb) rating is consistent with Moody's standard notching practices for debts issued by insurance operating companies, and reflects (a) the junior subordination of the bond; (b) the optional and mandatory weak coupon skip mechanisms; and (c) the cumulative nature of deferred coupons, in case of deferral.
© 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.