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French Insurer CNP Assurances' Proposed Subordinated Notes Rated 'A' Product Image

French Insurer CNP Assurances' Proposed Subordinated Notes Rated 'A'

  • Published: March 2011
  • Region: France
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
France-based CNP Assurances plans to issue fixed-to-floating-rate unsecured subordinated callable notes due in September 2041. We are assigning an 'A' issue rating to the proposed notes. We expect to classify the notes as having "intermediate equity content" according to our hybrid capital criteria. PARIS (Standard & Poor's) March 31, 2011--Standard & Poor's Ratings Services said today that it has READ MORE >

CNP Assurances

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