Equitable Life’s credit slips down junk bond slope


LONDON – The credit status of troubled UK mutual life assurer Equitable Life fell further into sub-investment, or so-called junk bond, territory in June.

Meanwhile, UK regulators said it was possible that the Financial Service Authority’s inquiry into Equitable’s misfortunes could be published in July. The report by the FSA, Britain’s principal financial watchdog, will focus on the agency’s performance as Equitable’s regulator, a role it assumed in January 1999.

Credit rating agency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here