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Prospect News home > News index > List of issuers F > Headlines for FWD Management Holdings Ltd. > News item
Published on 7/5/2019 in the Prospect News Emerging Markets Daily.

Fitch places FWD on watch

Fitch Ratings said it placed the BBB+ issuer default rating of FWD Ltd. on rating watch evolving.

The agency said the action follows FWD's announcement that its subsidiary FWD Management Holdings Ltd. has agreed to acquire MetLife Ltd. and Metropolitan Life Insurance Co. of Hong Kong Ltd. from MetLife, Inc.

“The rating watch evolving status reflects uncertainty about the impact of the proposed acquisition on FWD Ltd.'s capitalisation and leverage, debt service capabilities and financial flexibility,” the agency said in a news release.


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