Best’s News & Research Service - October 04, 2024 08:27 AM (EDT)
AM Best Assigns Issue Credit Rating to MassMutual Global Funding II’s Senior Secured Medium-Term Notes
- October 04, 2024 08:27 AM (EDT)
//BestWire// - AM Best has assigned a Long-Term Issue Credit Rating of “aa+” (Superior) to the $500 million, 4.35% senior secured medium-term notes, due Sept. 17, 2031, issued by MassMutual Global Funding II. (domiciled in Massachusetts). The outlook assigned to the Credit Rating (rating) is stable.
MassMutual’s leverage and interest coverage ratios are within AM Best’s guidelines for its ratings.
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