Moody's rates Principal Financial's guaranteed senior debt Baa1; stable outlook
Approximately $650 million of debt rated. New York, November 03, 2016-- Moody's Investors Service has assigned a Baa1 senior debt rating to approximately $650 million of senior notes to be issued by Principal Financial Group, Inc. under an existing shelf registration with the Securities and Exchange Commission. The notes, which will be issued in tranches of $350 million and $300 million, maturing in 10 and 30 years, respectively, will be guaranteed by Principal Financial Services,...
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