Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A' - S&P Global Ratings’ Credit Research

Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A'

Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A' - S&P Global Ratings’ Credit Research
Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A'
Published Sep 04, 2013
1114 words — Published Sep 04, 2013
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Abstract:

SAN FRANCISCO (Standard&Poor's) Sept. 4, 2013--Standard&Poor's Ratings Services said today that it has assigned its 'A' debt rating to Ameriprise Financial Inc.'s pending senior unsecured debt issuance of $600 million. The issuance has a 10-year maturity. The company will use the proceeds for general corporate purposes, which may include repaying all or part of outstanding senior notes due in 2015 and 2039. Ameriprise maintains a competitive business profile encompassing a diversified product set offering wealth and advice management, brokerage, and protection products through its well-branded distribution network. Operating earnings increased to $690 million in the first half of 2013 from $589 million in the first half of 2012. Total shareholders' equity totaled $9.7 billion as of

  
Brief Excerpt:

RESEARCH Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A' Publication date: 04-Sep-2013 Primary Credit Analyst: Michael E Gross, San Francisco (1) 415-371-5003; michael.gross@standardandpoors.com Secondary...

  
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Ratings Action

Ticker
Issuer
GICS
Asset Management & Custody Banks (40203010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A'" Sep 04, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ameriprise-Financial-Inc-600-Million-Senior-Unsecured-Debt-Issuance-Rated-A-1186901>
  
APA:
S&P Global Ratings’ Credit Research. (). Ameriprise Financial Inc. $600 Million Senior Unsecured Debt Issuance Rated 'A' Sep 04, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ameriprise-Financial-Inc-600-Million-Senior-Unsecured-Debt-Issuance-Rated-A-1186901>
  
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