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Rating Action On Allstate
Earlier this week, A.M. Best Co. assigned indicative ratings of “a-” to the Senior Debt, “bbb+” to Subordinated Debt, “bbb” to Junior Subordinated Debt and  “bbb” to preferred stock of The Allstate Corporation’s (NYSE:ALL) recently filed shelf registration. The rating agency also rated the preferred securities of Allstate Financing VII, VIII, IX and X as [...]

Earlier this week, A.M. Best Co. assigned indicative ratings of “a-” to the Senior Debt, “bbb+” to Subordinated Debt, “bbb” to Junior Subordinated Debt and  “bbb” to preferred stock of The Allstate Corporation’s (NYSE:ALL) recently filed shelf registration. The rating agency also rated the preferred securities of Allstate Financing VII, VIII, IX and X as “bbb.” The outlook for all assigned rating is stable.
The new shelf registration replaces the former registration that … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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