Moody's assigns Baa2 senior debt rating to Mercury General Corporation, outlook stable
New York, March 01, 2017-- Moody's Investors Service has assigned a Baa2 senior debt rating to Mercury General Corporation's planned offering of approximately $350 million of senior unsecured notes due 2027. In the same rating action, Moody's has assigned A2 insurance financial strength ratings to Mercury General's principal insurance subsidiaries. The outlook on the ratings is stable. The A2 IFS ratings on Mercury General's operating subsidiaries reflect the company's...
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