08.11.2016 16:13:00

MetLife, Inc. -- Moody's: Metlife's pending spin-off improves cash flows, reduces overall product risk

New York, November 08, 2016 -- Moody's Investors Service recently confirmed MetLife Inc.'s A3 rating and stable outlook subsequent to the company's plan to spin-off core assets and create a separate entity in an effort to reduce product risk and improve profitability and cash flow. Earnings are anticipated to be less volatile as a result of the spin-off, although overleveraging cash flows to appease shareholders could place pressure on the company's credit profile, the ratings agency says in a new report.

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