EX-99.1 2 dex991.htm SUMMARY OF RATINGS ACTIONS TAKEN BY A.M. BEST Summary of ratings actions taken by A.M. Best

Exhibit 99.1

 

Summary of ratings actions taken by A.M. Best on January 14, 2005:

 

1.

Affirmed the financial strength ratings of “A+” (Superior) with a stable outlook for the following subsidiaries of Nationwide Financial Services, Inc.:

 

  •

Nationwide Life Insurance Company (NLIC)

 

  •

Nationwide Life and Annuity Insurance Company

 

2. Assigned an issuer credit rating of “aa-” with a stable outlook to NLIC

 

3. Affirmed the NLIC “AMB-1” debt rating on commercial paper with a stable outlook

 

4. Assigned the following debt ratings with a stable outlook:

 

  • Nationwide Financial Funding, LLC

 

— “aa-” program rating

 

— “aa-” on CHF 250 million floating rate secured notes, due February 2005

 

— “aa-” on EUR 25 million floating rate secured notes, due June 2005

 

— “aa-” on CHF 100 million 4.375% secured notes, due August 2005

 

— “aa-” on JPY 1 billion floating rate secured notes, due September 2005

 

— “aa-” on JPY 15 billion 1.60% secured notes, due October 2005

 

— “aa-” on CHF 250 million 4.25% secured notes, due October 2005

 

— ”aa-” on USD 50 million floating rate secured notes, due November 2005

 

— “aa-” on GBP 20 million floating rate secured notes, due May 2006

 

— “aa-” on USD 30 million floating rate secured notes, due August 2006

 

— “aa-” on EUR 250 million 5.375% secured notes, due November 2006

 

— “aa-” on USD 20 million floating rate secured notes, due August 2007

 

  •

Nationwide Life Global Funding I

 

— “aa-” program rating

 

— “aa-” on USD 75 million floating rate secured notes, due February 2005

 

— “aa-” on USD 150 million floating rate secured notes, due April 2005

 

— “aa-” on EUR 100 million floating rate secured notes, due June 2005

 

— “aa-” on USD 100 million floating rate secured notes, due June 2005

 

— “aa-” on USD 100 million floating rate secured notes, due September 2005

 

— “aa-” on USD 200 million floating rate secured notes, due September 2005

 

— “aa-” on USD 125 million floating rate secured notes, due January 2006

 

— “aa-” on USD 150 million floating rate secured notes, due April 2006

 

— “aa-” on CHF 350 million 3.50% secured notes, due June 2006

 

— “aa-” on GBP 30 million floating rate secured notes, due September 2006

 

— “aa-” on JPY 10 billion 2.8% secured notes, due November 2006

 

— “aa-” on USD 250 million floating rate secured notes, due December 2006

 

— “aa-” on USD 500 million 5.35% secured notes, due February 2007

 

— “aa-” on USD 150 million 2.75% secured notes, due May 2007

 

— “aa-” on USD 100 million floating rate secured notes, due May 2007

 

— “aa-” on USD 350 million floating rate secured notes, due June 2007

 

— “aa-” on USD 300 million floating rate secured notes, due September 2007

 

— “aa-” on EUR 250 million 5.25% secured notes, due April 2008

 

— “aa-” on EUR 50 million 5.87% secured notes, due June 2011

 

— “aa-” on GBP 150 million 6.25% secured notes, due June 2011