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

Oct 4 (Reuters) - Moody's Japan K.K. has assigned a rating of (P)A2 (hyb) to the USD-denominated step-up callable subordinated notes with a maturity of 30 years to be issued by Nippon Life Insurance Company. The outlook for the rating of Nippon Life is stable.

Keywords: MARKETS RATINGS NIPPONLIFE