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Prospect News home > News index > List of issuers W > Headlines for W.R. Berkley Corp. > News item
Published on 9/17/2020 in the Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

S&P gives W.R. Berkley notes BBB-

S&P said it assigned its BBB- debt rating to W.R. Berkley Corp.'s subordinated notes due 2060. S&P rates the company at BBB+.

Proceeds are expected to be used to redeem the remaining $150 million of 5 5/8% subordinated debentures due 2053, with the remainder to be used for general corporate purposes.


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