Monday, May 7, 2007

Rating firms affirm Liberty ratings on acquisition

(Reuters) - Moody's raised Liberty Mutual's non-guaranteed senior unsecured debt one notch to "Baa2," the second-lowest investment grade rating.

The upgrade was prompted by the "stability, strength, and generally steady growth trend of earnings and free cash flows," Moody's said in a statement.


Read more at Reuters.com Mergers News

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