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Published on 10/29/2008 in the Prospect News Investment Grade Daily.

Moody's: Aegon view negative

Moody's Investors Service said it affirmed the A2 senior debt rating of Aegon NV and revised the outlook to negative from stable. The short-term ratings were affirmed.

The affirmations reflect the agency's view that the recently announced €3 billion capital injection by the Dutch state provides a substantial buffer to the group, according to the agency.

The negative outlook reflects the risk that losses and impairments could exceed expectations, Moody's noted.


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