Moody's rates MassMutual's surplus notes A1 (hyb); outlook stable
Rating Action: Moody's rates MassMutual's surplus notes A1; outlook stable. Global Credit Research- 20 Mar 2017. New York, March 20, 2017-- Moody's Investors Service has assigned an A1 debt rating with a stable outlook to the expected issuance by Massachusetts Mutual Life Insurance Company of up to $475 million of fixed-rate surplus notes maturing in 2077. The proceeds of the surplus notes will be used to repurchase up to $440 million of outstanding surplus notes due in 2039, and for...
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