OneAmerica Financial Partners Inc. plans to issue senior unsecured debt due 2050. We are assigning an 'A-' issue rating to the proposed senior notes. We are affirming our ratings on OneAmerica and its operating subsidiaries. The stable outlook reflects our expectation that the company will maintain capitalization and profitability in its core businesses despite a challenging economy. On Sept. 14, 2020, S&P Global Ratings affirmed its 'A-' issuer credit rating on OneAmerica Financial Partners Inc. and its 'AA-' issuer credit and financial strength ratings on the operating subsidiaries. The outlook remains stable. At the same time, we assigned an 'A-' issue rating to OneAmerica Financial Partners Inc.'s proposed senior unsecured debt due 2050. The rating reflects the group's strong competitive
