Am best assigns issue credit rating to the travelers companies, inc.'s new senior unsecured notes

Oldwick, n.j.--(business wire)-- #insurance--am best has assigned a long-term issue credit rating of “a+” (excellent) to the new $750 million, 5.45% 30-year senior unsecured notes due may 25, 2053, recently issued by the travelers companies, inc. (travelers) (headquartered in new york, ny) [nyse: trv]. the outlook assigned to this credit rating (rating) is stable. all other ratings of travelers and its subsidiaries are unchanged. the proceeds from the sale of the notes will be used for general corporate pur.
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