Am best assigns issue credit rating to chubb ina holdings, inc.'s senior unsecured notes

Oldwick, n.j.--(business wire)-- #insurance--am best has assigned a long-term issue credit rating of “a+” (excellent) to chubb ina holdings inc. (chubb) (delaware) recently announced $1.0 billion issuance of 5.00% senior unsecured notes due 2034. the notes are guaranteed by chubb limited. the outlook assigned to the credit rating (rating) is stable. chubb ina intends to use the net proceeds from this offering for general corporate purposes, including the repayment at maturity of the $700 million of its outs.
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