Fitch Ratings: Awarded Linka Life Insurance's proposed issuance of T2 subordinated capital bonds a "BB+" rating.
On June 1st, Fitch Ratings granted Well Link Life Insurance Company Limited ("Well Link Life Insurance") a BBB/Stable rating for its proposed issuance of USD-denominated T2 subordinated capital bonds rated "BB+". The above bonds represent the insurer's direct, unsecured, and subordinated debt. The proceeds from the issuance will be used to enhance its capital adequacy ratio and for general corporate purposes.
Latest

