E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers R > Headlines for RenaissanceRe Holdings Ltd. > News item
Published on 6/2/2023 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch rates RenaissanceRe notes A-

Fitch Ratings said it assigned an A- rating to the $750 million of 5.75% senior unsecured notes due 2033 issued by RenaissanceRe Holdings Ltd. (RNR).

The rating is the same as those on RNR’s outstanding senior unsecured notes, Fitch said.

The company intends to use the proceeds to fund a portion of the cash consideration for its acquisition of American International Group, Inc.'s (AIG) treaty reinsurance platform.

The outlook is stable.


© 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.