OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb” to the $700 million in shares of 5.625% non-cumulative preferred stock, Series E recently issued by MetLife, Inc. (MetLife) (headquartered in New York, NY) [NYSE: MET]. The outlook assigned to the Credit Rating (rating) is stable. Proceeds from the sale of the preferred shares represented by depositary shares will be utilized for general corporate purposes, including to fund the repurchase of existin
