Fitch: AmerUs defers preferreds

Fitch Ratings said AmerUs Group Co. announced it was deferring issuance of its proposed cumulative perpetual preferred stock until market conditions are more favorable.

Fitch said it had assigned a BB+ rating to the proposed issuance, and this will remain as a provisional rating indication should the company proceed with an issue in the near term.

The agency said it will update its view at the time of any issuance to reflect any potential new information material to the credit.

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