| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Q > Headlines for QBE Insurance Group Ltd. > News item |
Fitch rates QBE Insurance notes A
Fitch Ratings said it assigned QBE Insurance Group's fixed five-year senior unsecured sterling note issue due Sept. 28, 2009 a final rating of A.
The outlook is stable.
Fitch said the final rating follows the successful completion of this issue for an amount of £175 million. The proceeds of the issue will primarily be used to repay the balance of the bridge facility for QBE's acquisition of ING Australia general insurance announced in May 2004.
Fitch had assigned an expected rating of A to this issue on Sept. 10.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.