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Moody’s gives Chubb INA notes A3
Moody’s Investors Service said it assigned an A3 rating to $1 billion of senior notes due 2030, to be issued by Chubb INA Holdings Inc. off its shelf registration. Chubb Ltd. guarantees the senior debt.
Chubb intends to use the proceeds plus available cash to repay at maturity the $1 billion of senior notes due Nov. 3, 2022.
The outlook for Chubb is positive.
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