John Hancock Global Funding II -- Moody's affirms John Hancock (IFS at A1) and affiliates with stable outlook following MFC's announced acquisition of Standard Life plc's Canadian operations

New York, September 04, 2014 -- Moody's Investors Service affirmed the A1 insurance financial strength (IFS) rating of John Hancock Life Insurance Company (U.S.A.) (John Hancock), the primary U.S. operating company of Manulife Financial Corporation (TSE: MFC; Manulife, not rated) with a stable outlook. Moody's also affirmed the ratings of various U.S. affiliates of the group, also with stable outlooks (see complete ratings list below). The affirmations follow MFC's announcement of the planned acquisition of the Canadian operations of Standard Life plc (Standard Life; subordinated debt at Baa2 (hyb)) for CAD 4 billion, subject to certain adjustments, regulatory approvals, and approval of the shareholders of Standard Life. Please see separate press release for MFC's Canadian operations.

Vollständigen Artikel bei Moodys lesen