Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research

Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A'

Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research
Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A'
Published Jun 03, 2009
953 words — Published Jun 03, 2009
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Abstract:

Ameriprise Financial Inc. is issuing approximately $300 million in senior unsecured notes. We are assigning our 'A' rating on Ameriprise Financial's new debt issuance. The other ratings on Ameriprise Financial and its subsidiaries are unaffected. The outlook remains negative, based on continued equity market pressures on the business model and earnings profile. On June 3, 2009, Standard&Poor's Ratings Services assigned its 'A' rating on Ameriprise Financial Inc.'s approximately $300 million senior unsecured notes. Our other ratings on Ameriprise Financial and its subsidiaries are unaffected. The outlook remains negative. The issuance has a scheduled maturity in 2019. We expect the company to use proceeds from the notes to prefund a portion of the $800 million that it has scheduled

  
Brief Excerpt:

RESEARCH Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A' Publication date: 03-Jun-2009 Primary Credit Analyst: Ovadiah N Jacob, New York (1) 212-438-2745; ovadiah_jacob@standardandpoors.com...

  
Report Type:

Research Update

Ticker
Issuer
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A'" Jun 03, 2009. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ameriprise-Financial-Inc-s-300-Million-Senior-Unsecured-Notes-Rated-A-725603>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Ameriprise Financial Inc.'s $300 Million Senior Unsecured Notes Rated 'A' Jun 03, 2009. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ameriprise-Financial-Inc-s-300-Million-Senior-Unsecured-Notes-Rated-A-725603>
  
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