Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings

Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings
Published May 05, 2006
575 words — Published May 05, 2006
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Abstract:

On May 5, 2006, Standard & Poor's Ratings Services assigned its 'A-' preliminary senior debt, 'BBB+' preliminary subordinated debt, and 'BBB' preliminary preferred stock ratings to Ameriprise Financial Inc.'s (NYSE:AMP) universal shelf, which was filed on May 5, 2006. The new shelf has an undesignated notional amount in accordance with new SEC rules effective Dec. 1, 2005. Specific securities issued under this shelf will be analyzed based on their individual terms and conditions. The proceeds from prospective issuances under this registration are part of Ameriprise's capital-management program and will be used for general corporate purposes. The ratings on Ameriprise are based on its strong financials, the large initial funding from its previous parent, and strong cash coverage from its strong

  
Brief Excerpt:

RESEARCH Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings Publication date: 05-May-2006 Local Currency Credit Rating: A-/Positive/-- On May 5, 2006, Standard & Poor's Ratings...

  
Report Type:

Research Update

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Sector
Global Issuers, Insurance
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings" May 05, 2006. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Ameriprise-Financial-Inc-s-Recently-Filed-Universal-Shelf-Assigned-Preliminary-Ratings-507353>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Ameriprise Financial Inc.'s Recently Filed Universal Shelf Assigned Preliminary Ratings May 05, 2006. 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-Recently-Filed-Universal-Shelf-Assigned-Preliminary-Ratings-507353>
  
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