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BRIEF-Moody's assigns A2 (hyb) to Nippon Life subordinated notes

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Oct 11 (Reuters) - Moody's Japan K.K. has assigned a rating ofA2 (hyb) to Nippon Life Insurance Company's proposed issuance ofUSD-denominated step-up callable subordinated notes with amaturity of 30 years. Moody's had originally assigned the notesa provisional (P)A2 (hyb) rating on October 4, 2012, and thislatest rating assignment is in response to the fixing of theirfinal terms and conditions. The outlook for the rating of NipponLife is stable.

Keywords: MARKETS RATINGS NIPPONLIFE

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