Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for RLI Corp. > News item |
Fitch affirms RLI
Fitch Ratings said that following RLI Corp.'s acquisition of Contractors Bonding Insurance Co., it has affirmed RLI's holding company ratings, including the senior debt rating at BBB+.
RLI announced plans to acquire Contractors for $137 million in cash, and the transaction is expected to close during the first quarter of 2011, the agency said.
© 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.