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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Commercial National Financial Corp. (MM) | NASDAQ:CNAF | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.97 | 0 | 01:00:00 |
From May 2019 to May 2024
A.M. Best has assigned a debt rating of “bbb” to the forthcoming $550 million 3.95% senior unsecured notes due May 2024 to be issued by CNA Financial Corporation (CNAF) (headquartered in Chicago, IL) [NYSE: CNAF]. The outlook assigned is stable.
CNAF intends to use the net proceeds to repay at maturity its $549 million of 5.85% senior notes due December 2014. The company’s financial leverage and coverage measures will remain within A.M. Best’s guidelines for the assigned rating.
The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
A.M. Best CompanyBrian O’LarteSenior Financial Analyst(908) 439-2200, ext. 5138brian.o'larte@ambest.comorJennifer MarshallAssistant Vice President(908) 439-2200, ext. 5327jennifer.marshall@ambest.comorRachelle MorrowSenior Manager, Public Relations(908) 439-2200, ext. 5378rachelle.morrow@ambest.comorJim PeavyAssistant Vice President, Public Relations(908) 439-2200, ext. 5644james.peavy@ambest.com
1 Year Commercial National Financial Chart |
1 Month Commercial National Financial Chart |
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