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A.M. Best Assigns Issue Rating to New Senior Unsecured Notes of The Travelers Companies, Inc.

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned an issue rating of “a+” to the $400 million 4.3% senior unsecured notes, due 2045, recently issued by The Travelers Companies, Inc. (TRV) (New York, NY) [NYSE:TRV]. The outlook assigned is stable. The proceeds from the sale of the notes will be used to pay off the existing $400 million 5.5% senior unsecured notes, due Dec. 1, 2015. The debt offering is pursuant to a shelf registration statement filed with the Securities and Exchange Commiss

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