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AM Best Assigns Issue Credit Rating to Chubb INA Holdings LLC's Senior Unsecured Notes

1. Chubb INA Holdings issued USD 1.25 billion in senior unsecured notes. 2. AM Best assigned an 'a+' rating, indicating strong financial stability.

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FAQ

Why Bullish?

The strong credit rating bodes well for investor confidence. Similar past issuances have positively affected Chubb's stock performance.

How important is it?

The issuance bolsters Chubb's financial standing and growth prospects, leading to heightened investor interest.

Why Short Term?

Investors may react quickly to the rating and issuance news. Chubb's ability to leverage these funds could yield immediate benefits.

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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC's (Chubb) (Delaware) recently announced USD 1.25 billion issuance of 4.9% senior unsecured notes due 2035 in the U.S. market, which are guaranteed by Chubb Limited. The outlook assigned to this Credit Rating is stable. Chubb intends to use the net proceeds from this offering for general corporate purposes, which may include the redemption, repurchase or repayment of.

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