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Stock impact report

AM Best Affirms Credit Ratings of Equitable Holdings, Inc. and Its Subsidiaries [Yahoo! Finance]

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of Equitable Financial Life Insurance Company of America (EFLICOA) (Phoenix, AZ) and Equitable Financial Life Insurance Company (EFLIC) (New York, NY). EFLICOA and EFLIC collectively are referred to as Equitable Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Equitable Holdings, Inc. (Delaware). The outlook of these Credit Ratings (ratings) is stable. Additionally, AM Best has assigned a Long-Term IR of "bbb+" (Good) on $600 million 4.572% senior secured fixed rate, due 2029, of Equitable Holdings, Inc. The outlook assigned to this rating is stable. (Please see below for a detailed listing of the Long-Term IRs affirmations.) The ratings reflect Equitable Life Group's balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, favorable business profile and approp Show less Read more
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