{"id":22779,"date":"2026-06-18T00:23:00","date_gmt":"2026-06-17T22:23:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c94691ec24681c34b0bb30d494fe09c5"},"modified":"2026-06-18T00:23:00","modified_gmt":"2026-06-17T22:23:00","slug":"am-best-assigns-issue-credit-rating-to-sammons-financial-group-inc-s-new-senior-unsecured-notes","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=22779","title":{"rendered":"AM Best Assigns Issue Credit Rating to Sammons Financial Group, Inc.\u2019s New Senior Unsecured Notes"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has assigned a Long-Term Issue Credit Rating of \u201ca-\u201d (Excellent) to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc. (SFG) (Delaware). The outlook assigned to this Credit Rating (rating) is stable.<\/p><\/a><\/a>

\nProceeds from the issuance will be used for general corporate purposes including business growth at SFG\u2019s two insurance operating subsidiaries \u2013 Midland National Life Insurance Company and North American Company for Life and Health Insurance. AM Best notes that SFG\u2019s adjusted financial leverage will increase to approximately 22.5% from 2025\u2019s year-end adjusted financial leverage of 18.6%. Interest coverage with this debt issue is expected to remain favorable and is considered adequate. SFG maintains sufficient liquidity to service its debt along with a well-laddered debt maturity structure.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best's Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nOmar Mostafa<\/b>Senior Financial Analyst<\/b>+1 908 882 1684<\/b>omar.mostafa@ambest.com<\/a>\nErik Miller<\/b>Senior Director<\/b>+1 908 882 2120<\/b>erik.miller@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–AM Best has assigned a Long-Term Issue Credit Rating of \u201ca-\u201d (Excellent) to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc. (SFG) (Delaware). The outlook …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22779","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/22779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22779"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/22779\/revisions"}],"predecessor-version":[{"id":22780,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/22779\/revisions\/22780"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}