Fitch Rates Great-West Lifeco’s Senior Unsecured Notes ‘A’

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘A’ rating to Great-West Lifeco Inc.’s (GWO) EUR500 million 1.75% 10-year senior unsecured euro bonds issued on Dec. 7, 2016. KEY RATING DRIVERS The rating for the new offering is equivalent to the rating on GWO’s existing senior debt. Proceeds from the issuance will be used for general corporate purposes. Fitch expects pro forma financial leverage following the senior note issuance to increase to 19.7% from 17.8% at Sept. 30, 2016. Fitch