AM Best Affirms Credit Ratings of Aflac Incorporated and Its Subsidiaries - Seite 3

-- “a-” on 10.6 billion JPY, 0.83% senior unsecured notes, due 2035

-- “a-” on 8.9 billion JPY, 1.75% senior unsecured notes, due 2038

-- “a-” on 6.3 billion JPY, 1.122% senior unsecured notes, due 2039

-- “a-” on $400 million 6.90% senior unsecured notes, due 2039

-- “a-” on $450 million 6.45% senior unsecured notes, due 2040

-- “a-” on $400 million 4.0% senior unsecured notes, due 2046

-- “bbb+” on 60 billion JPY, 2.108% subordinated debentures, due 2047

-- “a-” on $550 million 4.75% senior unsecured notes, due 2049

The following indicative Long-Term IRs have been affirmed with a stable outlook for securities available under the existing shelf registration:

Aflac Incorporated—

-- “a-” on senior unsecured debt

-- “bbb+” on subordinated debt

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

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