The Rating Watch-Down status on the ‘A+’ senior debt rating and ‘A’ quarterly income preferred security rating (the trust preferred security rating) of Hartford Financial Services Group Inc. (HFSG) was maintained by Duff & Phelps Credit Rating Co. (DCR) following HIG’s announced agreement to acquire publicly owned shares of Hartford Life Inc. DCR indicated that once final financing terms are determined, it will revisit its Rating Watch on HIG.
S&P also affirmed its ratings on HFSG and related entities. The outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
Florida Agency Owner and Unlicensed Agent Charged in Fake Certificates Scheme 
PwC Confirms Cybersecurity Incident Involving Employee Learning Records 
Florida AG Sues Climate Modeler First Street Over Home Risk Scores From This Issue
