18.08.2015 18:28:00
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Travelers Companies, Inc. (The) -- Moody's rates Travelers' senior notes A2; outlook stable
New York, August 18, 2015 -- Moody's Investors Service has assigned an A2 rating to approximately $400 million of senior unsecured notes, due 2045, to be issued by The Travelers Companies, Inc. (NYSE: TRV). The debt is being issued pursuant to the company's shelf registration. Net proceeds from the offering are expected to be used to prefund $400 million of senior unsecured notes maturing in December 2015. The outlook for the ratings is stable.