A.M. Best Assigns Indicative Ratings to The Hartford Financial Service Group, Inc.’s New Shelf Registration
August 02 2016 - 12:05PM
Business Wire
A.M. Best has assigned indicative issue ratings of “a-”
to senior unsecured debt, “bbb+” to senior subordinated debt, “bbb”
to junior subordinated debt and “bbb” to preferred stock of the
recently filed shelf registration of The Hartford Financial
Services Group, Inc. (The Hartford) (headquartered in Hartford,
CT) [NYSE: HIG]. The outlook assigned to each rating is stable.
The assigned ratings, for securities that may be issued under
the shelf registration statement, are consistent with the current
ratings of The Hartford’s outstanding securities. The new shelf
registration replaces The Hartford’s previous shelf registration,
which expires Aug. 9, 2016. Consequently, the indicative ratings
for the previous shelf registration have been withdrawn.
This press release relates to rating(s) that have been
published on A.M. Best’s website. For all rating information
relating to the release and pertinent disclosures, including
details of the office responsible for issuing each of the
individual ratings referenced in this release, please see A.M.
Best’s Recent Rating Activity web page.
A.M. Best is the world’s oldest and most authoritative
insurance rating and information source. For more information,
visit www.ambest.com.
Copyright © 2016 by A.M. Best Rating
Services, Inc. ALL RIGHTS RESERVED.
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version on businesswire.com: http://www.businesswire.com/news/home/20160802006549/en/
A.M. BestMichael RussoSenior Financial
Analyst+1 908-439-2200, ext.
5372michael.russo@ambest.comorJennifer
MarshallAssistant Vice President+1 908-439-2200, ext.
5327jennifer.marshall@ambest.comorChristopher
SharkeyManager, Public Relations+1 908-439-2200, ext.
5159christopher.sharkey@ambest.comorJim
PeavyAssistant Vice President, Public Relations+1
908-439-2200, ext. 5644james.peavy@ambest.com
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