AM Best assigns a-plus rating to Travelers' 750 million dollar senior notes

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โดย Business Wire·Read original
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AM Best has assigned a Long-Term Issue Credit Rating of a-plus to 750 million dollars of 4.95 percent senior unsecured notes due July 2031 issued by The Travelers Companies, Inc. The outlook for the rating is stable, and net proceeds are expected to be used for general corporate purposes. Through the second quarter of 2026, Travelers' financial leverage ratio stood at 21.4 percent as calculated by AM Best, with strong interest coverage and supportive liquidity. The issuance is expected to increase financial leverage slightly, though it remains in line with the company's long-term target and within AM Best's rating guidelines.

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AM Best assigns a-plus rating to Travelers' $750M senior notes, indicating strong credit quality and stable outlook.