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Published on 2/11/2010 in the Prospect News Investment Grade Daily.

Moody's rates PartnerRe debt A2

Moody's Investors Service said it assigned provisional senior unsecured debt at A2 to PartnerRe Ltd.'s existing multi-seniority shelf registration statement that was filed by the company in April 2009. This shelf registration statement replaced PartnerRe's previous shelf registration statement in April 2006.

The outlook is stable.

The registration statement includes various classes of debt and preferred stock issuable by PartnerRe and various finance company affiliates and capital trusts, as well as common stock and warrants by PartnerRe, Moody's said.

Any issuance by PartnerRe's finance company affiliates or capital trusts would be fully and unconditionally guaranteed by PartnerRe, the agency added.


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