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AM Best Assigns Issue Credit Rating to Equitable Holdings, Inc.'s New Junior Subordinated Notes

1. AM Best assigned a 'bbb-' credit rating to EQH's new debt issuance. 2. The proceeds will help repurchase preferred shares and support corporate needs.

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FAQ

Why Bullish?

A stable credit rating indicates financial strength, boosting investor confidence in EQH. Historical performance shows that credit upgrades often correlate with stock price increases.

How important is it?

This credit rating and debt activity are significant for EQH's financial health, promoting shareholder value. The repurchase indicates confidence in future growth, often appealing to investors.

Why Short Term?

The debt issuance and preferred share repurchase will have immediate impacts on liquidity and financial positioning. Such actions can improve market perception quickly, as seen during similar corporate moves by peers.

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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to the $500 million 6.7% junior subordinated notes, due 2055, issued by Equitable Holdings, Inc. (Delaware) on March 26, 2025. The outlook assigned to this Credit Rating (rating) is stable. The net proceeds from Equitable Holdings, Inc.'s recent debt issuance are expected to be used to repurchase in whole or part the Series B Depositary preferred shares and for general corporate purposes. Finan.

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