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Article: S&P assigns A+ on Generali's EUR 1.75bn bond issue.
- Article from:
- ADP Debt News
- Article date:
- September 11, 2009
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(ADPnews) - Sep 11, 2009 - International credit rating agency Standard and Poor's (S&P) assigned its A+ senior unsecured debt rating to Assicurazioni Generali's (BIT:G) EUR 1.75 billion (USD 2.558bn) bonds, due in 2024, the insurer announced in a press release on Thursday.
S&P's rating is based on the information provided by the Italian company and on the assumption that Generali would use the proceeds from the bond issue to refinance EUR 1.75 ...