Moody's Gives Willis Upgrade
NU Online News Service, March 26, 1:58 p.m.EST?Willis North America Inc., a subsidiary of WillisGroup Holdings, headquartered in London, received an upgrade init's debt rating from Moody's Investors Service.
The New York City-based credit rating service upgraded theinsurance broker's senior bank credit facility rating to "Ba1" from"Ba2." It also upgraded the senior subordinated debt rating to"Ba2" from "Ba3." The outlook for the ratings remains positive.
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