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A.M. Best Assigns Debt Rating to SCOR S.E.’s Subordinated Notes

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LONDON--(BUSINESS WIRE)--A.M. Best has assigned a debt rating of “a-” to the EUR 250 million fixed to reset rate subordinated notes due 2047 issued on 5 June 2015 by SCOR S.E. (SCOR) (France). The assigned outlook is stable. The subordinated notes will pay a fixed annual coupon of 3.25% per annum through to their first call date on 5 June 2027, payable annually in arrears. Thereafter, the coupon will be reset every 10 years at the prevailing 10-year Euro mid-swap rate plus 3.20% per annum. The

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