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Moody's: Liberty Mutual notes Baa2
Moody's Investors Service said it assigned Baa2 ratings to two tranches of senior unsecured notes of Liberty Mutual Group Inc.
The offerings, $500 million of 10-year and $500 million of 30-year notes, rank equally with Liberty Mutual's existing and future unsecured senior indebtedness and are irrevocably and unconditionally guaranteed, on a senior unsecured basis, by each of Liberty Mutual Holding Co. Inc. and LMHC Massachusetts Holdings Inc., similar to prior senior notes issued by Liberty Mutual.
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