Yesterday, rating agency A.M. Best Co. assigned ratings to WellPoint Inc.’s (NYSE:WLP) securities that were recently registered through the universal shelf registration process. The rating agency assigned a “bbb+” rating to the company’s senior unsecured debt, “bbb” to subordinated debt and “bbb-” to preferred stock with a stable outlook.
Shelf registration is a process authorized by the U.S. Securities and Exchange Commission, which allows a single registration document to be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards