OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned the Long-Term Issue Credit Rating of “aa” to the $1.2 billion 3.85% surplus notes due 2047 issued by The Northwestern Mutual Life Insurance Company (Northwestern Mutual) (Milwaukee, WI). The outlook assigned to these Credit Ratings (ratings) is stable. The existing Financial Strength Rating and Long-Term Issuer Credit Ratings of Northwestern Mutual and its affiliate are unchanged. The proceeds from the offering will be used by Northwestern
