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Moody’s Ratings assigns A3 rating to Allstate’s senior notes

New York , June 18, 2024 – Moody's Ratings (Moody's) has assigned an A3 rating to $500 million of five-year senior unsecured notes to be issued by The Allstate Corporation (Allstate) off its multi-purpose shelf registration. The company intends to use net proceeds from the offering for general corpo...

Moody’s Ratings assigns ratings to Allstate's shelf registration ((P)A...

New York , May 23, 2024 - Moody's Ratings (Moody's) has assigned provisional ratings to The Allstate Corporation's (Allstate) multi-purpose shelf registration including senior unsecured shelf at (P)A3, subordinate shelf at (P)Baa1, junior subordinate shelf at (P)Baa1, preferred shelf at (P)Baa2 and ...

Moody’s rates Allstate’s preferred stock Baa2(hyb)

New York , May 15, 2023 Moody's Investors Service (Moody's) has assigned a Baa2(hyb) rating to $600 million of preferred stock to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds for general corporate purposes, due to the redemption of all out...

Moody’s rates Allstate’s preferred stock Baa2(hyb)

New York , May 15, 2023 Moody's Investors Service (Moody's) has assigned a Baa2(hyb) rating to $600 million of preferred stock to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds for general corporate purposes, due to the redemption of all out...

Allstate Corporation (The): Allstate sells most of its life and annuit...

Allstate can now focus on growing its highly profitable multichannel personal lines P&C business as well as its small but growing service businesses

Moody’s rates Allstate’s senior notes at A3

NOTE: On November 24, 2020, based on information received from the issuer immediately following publication of the press release, the press release was revised as follows: In the first sentence of the press release and debt list, the amount of the senior notes was updated to $1.2 billion. Revised r...

Moody’s rates Allstate’s senior notes at A3

New York , November 19, 2020 – Moody's Investors Service has assigned an A3 rating to $1.25 billion of senior notes to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds from this offering, together with a combination of cash on hand, to fund...

Allstate Corporation (The): Acquisition of National General increases ...

The acquisition of National General gives Allstate a meaningful presence in the independent agency distribution channel, but increases its leverage and integration risk.

Moody’s rates Allstate’s preferred stock Baa2 (hyb), stable outloo...

New York , November 4, 2019 – Moody's Investors Service ("Moody's") has assigned a Baa2 (hyb) rating to $300 million of non-cumulative perpetual preferred stock to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds for general corporate purpo...

Moody’s rates Allstate’s preferred stock Baa2, stable outlook

New York , August 1, 2019 – Moody's Investors Service ("Moody's") has assigned a Baa2 rating to $1.15 billion of non-cumulative perpetual preferred stock to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds from the issuance to redeem outsta...

Moody’s rates Allstate’s preferred stock Baa2, stable outlook

New York , August 1, 2019 Moody's Investors Service ("Moody's") has assigned a Baa2 rating to $1.15 billion of non-cumulative perpetual preferred stock to be issued by The Allstate Corporation (Allstate; NYSE: ALL). The company intends to use the net proceeds from the issuance to redeem outsta...

Moody’s rates Allstate’s senior notes A3, outlook stable

Company issuing $500 million of senior unsecured notes. New York , June 6, 2019 – Moody's Investors Service ("Moody's") has assigned an A3 rating to $500 million of fixed rate senior unsecured notes due in 2049 to be issued by The Allstate Corporation ("Allstate"; NYSE: ALL). The company inte...

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