Principal Mutual Life Rtgs Afrmd by S&P After Anncmnt.

Business Wire | September 18, 1997 | Copyright

NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 9/17/97 -- Standard & Poor's today affirmed its ratings on Principal Mutual Life Insurance Co. (a.k.a. Principal Financial Group) following the company's announcement on Sep. 17 that it plans to form a mutual holding company under Iowa law, subject to policyowner and regulatory approval. The ratings affirmed are Principal's double-'A'-plus issuer credit and claims-paying ability ratings, and the 'A-1'-plus commercial paper rating. Also, Standard & Poor's has affirmed its double-'A'-minus subordinated debt rating of ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

American Mutual Holding Co.(Brief Article)
Magazine article from: Risk & Insurance ; American Mutual Holding Co. based in Des Moines, Iowa, has announced plans to demutualize. American Mutual is a mutual holding company and the controlling shareholder of AmerUs Life Holdings Inc.
Change in plans: Rochester bank scraps holding company offering.(NEWS & ANALYSIS: in brief)(Brief article)
Magazine article from: New Hampshire Business Review ; Profile Bank Inc., the proposed holding company for Profile Bank FSB in Rochester, has terminated its mutual holding company reorganization and minority stock offering. Bank officials discontinued the offering because community subscriptions...
SYRIA: JOINT KUWAITI-SYRIAN HOLDING COMPANY.
Newspaper article from: IPR Strategic Business Information Database ; ...the founding of the Kuwaiti-Syrian Holding Company. The paper noted that the first general...position of Chairman of the Board of the Holding Company and Muhammad Abd al-Khaliq a-Nuri...the Chairman of the Kuwaiti Projects Holding Company, Muhammad al-Banawan, one of the large...
LIAT and BWAI to be transferred to new holding company.
Magazine article from: Airline Industry Information ; ...be transferred to a newly created holding company in 2004. Antigua-based LIAT and Trinidad-bas...carriers will keep their names. The holding company will be based in Trinidad and a full transfer will take place by June. The holding company is said to be the first step in a...
EgyptAir slated to become holding company.
Magazine article from: Airline Industry Information ; ...state-owned Egyptian carrier, is to become a holding company according to reports in local newspapers...proposal and may turn the carrier into a holding company comprised of four units, including...economic evaluation' of the proposed holding company and what stake the government ...
Eureka Bancshares Inc.(Approved as holding company)(Brief Article)
Magazine article from: Arkansas Business ; ...Bancshares Inc. has been approved as a holding company for the 89-year-old Bank of Eureka Springs. The holding company was formed in May 2000, but it...Arkansas State Bank Department. The holding company can buy and sell its own stock...
KUWAIT: DATA ON KUWAITI-SYRIAN HOLDING COMPANY.
Newspaper article from: IPR Strategic Business Information Database ; ...founding of the Kuwaiti-Syrian Holding Company. The Chairman appointed for the founding phase of the Holding Company was Muhammad a-Nuri. The main...Corporation, The Kuwaiti Projects Holding Company, the National Industries, the...
Holding Company, part II.(FINANCE)(Mission Oaks Bancorp)(Brief Article)
Magazine article from: San Diego Business Journal ; Holding Company, Part II: Temecula-based Mission...Bank's shareholders formed a bank holding company, Mission Oaks Bancorp, that would...non-banks. The bank's board approved the holding company along with a 2-for- 1 stock split...
EGYPT: PHARMACEUTICALS PRODUCTION VALUED.(Egyptian Holding Company for Pharmaceuticals, Chemicals and Medical Appliances)(Brief Article)
Newspaper article from: IPR Strategic Business Information Database ; ...a senior executive at the Egyptian Holding Company for Pharmaceuticals, Chemicals and...currently operating in Egypt. The Holding Company for Pharmaceuticals, Chemicals and Medical Appliances is an Egyptian stock holding company established according to article two...
JORDAN: AMWAL INVEST SHARES BOUGHT BY KUWAIT-JORDAN HOLDING COMPANY.
Newspaper article from: IPR Strategic Business Information Database ; ...investments company by the Kuwait-Jordan Holding Company in mid-February 2006. The paper noted that this holding company purchased one million shares valued...Manager for Operations of the holding company, Ms. Rim Badran, who said in mid-Februa...

Find more facts and information related to the article "Principal Mutual Life Rtgs Afrmd by S&P After ..."