Ameriprise Financial Inc. Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research

Ameriprise Financial Inc. Senior Unsecured Notes Rated 'A'

Ameriprise Financial Inc. Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research
Ameriprise Financial Inc. Senior Unsecured Notes Rated 'A'
Published Aug 08, 2016
Published Aug 08, 2016
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Abstract:

NEW YORK (S&P Global Ratings) Aug. 8, 2016--S&P Global Ratings said today that it has assigned its 'A' rating to Ameriprise Financial Inc.'s (AMP) senior unsecured debt issuance of up to $500 million. The issuance has a 10-year maturity, and the company will use the proceeds for general corporate purposes. We believe that AMP has been opportunistic in its issuances to take advantage of low interest rates. AMP maintains a competitive business profile encompassing a diversified product offering, including advice and wealth management, asset management, annuities, and protection products, which it sells through its well-branded distribution network. AMP's financial profile continues to be very strong. While consolidated financial leverage will increase with this issuance, we believe the company's capital structure

  
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Ratings Action

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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. Senior Unsecured Notes Rated 'A'" Aug 08, 2016. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ameriprise-Financial-Inc-Senior-Unsecured-Notes-Rated-A-1689943>
  
APA:
S&P Global Ratings’ Credit Research. (). Ameriprise Financial Inc. Senior Unsecured Notes Rated 'A' Aug 08, 2016. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ameriprise-Financial-Inc-Senior-Unsecured-Notes-Rated-A-1689943>
  
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