View this article online: https://www.claimsjournal.com/news/international/2007/06/25/81070.htm
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ long-term debt rating to the proposed perpetual, junior subordinated, unsecured, callable notes that French insurer Groupama S.A. (rated ‘A’/Positive/) plans to issue this month for a benchmark size. The minimum expected amount is €500 million $668 million). “The rating is subject to confirmation of the final amount, terms, and conditions of the issue,” said S&P.