OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned an issue rating of “bb+” to the $100 million 7.625% subordinated notes to be issued by National General Holdings Corp. (NGHC) (NASDAQ:NGHC), headquartered in New York, NY. The offering may be increased to $115 million upon exercise of an over-allotment option. In addition, A.M. Best has assigned indicative issue ratings of “bbb-” to senior unsecured debt, “bb+” to subordinated debt and “bb” to junior subordinated debt and preferred stock of
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