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Article: Principal Financial Group Comments on Moody's Financial Strength Rating Affirmation.
- Article from:
- Investment Weekly News
- Article date:
- November 29, 2008
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The Principal Financial Group, Inc. (NYSE: PFG) today responded to Moody's announcement affirming the company's financial strength and debt ratings.
Moody's affirmed Principal Life Insurance Company's financial strength rating at "Aa2" with a stable outlook. They also affirmed the debt ratings of Principal Financial Group(R) and Principal Financial Services, Inc., all with a stable outlook.
"The Principal Financial Group is pleased with the announcement by Moody's," said Larry Zimpleman, president and CEO of the Principal Financial Group. "We continue to have a constructive dialogue with Moody's on all aspects of The Principal. We very much appreciate ...