AM Best Issues Correction to Issue Credit Rating on Teachers Insurance and Annuity Association of America’s Surplus Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has issued a correction to the previously published assignment of a Long-Term Issue Credit Rating (Long-Term IR) of “aa” (Superior) of the forthcoming $2 billion, 30-year surplus notes, issued by Teachers Insurance and Annuity Association of America (TIAA) (New York, NY) with a stable outlook. The Long-Term IR of “aa” has been corrected to include an indicative modifier. The previous press release, “AM Best Assigns Issue Credit Rating to Teachers Insurance and Annuity Association of America’s Forthcoming Surplus Notes,” dated June 8, 2026, has been corrected to, “AM Best Assigns Indicative Issue Credit Rating to Teachers Insurance and Annuity Association of America’s Forthcoming Surplus Notes.” This rating appears on AM Best’s website and unaffiliated services such as Bloomberg.

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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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