OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Long-Term Issue Credit Rating of “a” to
the $500 million 3.85% 30-year senior unsecured notes recently issued by
The Allstate Corporation (headquartered in Northbrook, IL) [NYSE:ALL].
The outlook assigned to the Credit Rating (rating) is stable. The
existing ratings of The Allstate Corporation and its subsidiaries remain
The proceeds from the offering are expected to be used for general
This press release relates to Credit Ratings that have been published
on AM Best’s website. For all rating information relating to the release
and pertinent disclosures, including details of the office responsible
for issuing each of the individual ratings referenced in this release,
please see AM Best’s Recent
Rating Activity web page. For additional information
regarding the use and limitations of Credit Rating opinions, please view Understanding
Best’s Credit Ratings. For information on the proper media
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