AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a+? of Royal Bank of Canada Insurance Company Ltd.. The outlook of these Credit Ratings is stable.
Funds Address Critical Need for Repairs and Storm-Resistant Roofs Representatives from the Federal Home Loan Bank of Dallas and Bonvenu Bank celebrated awarding $351,264 in FHLB Dallas FORTIFIED and Disaster Rebuilding Assistance grants at a media event today celebrating the grand opening of Bonvenu's new branch in Mandeville, Louisiana. This press release features multimedia.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Intact Insurance Company, the lead company of Intact Financial Corporation (IFCZF) [TSX: IFC], as well as the core insurance subsidiaries of IFC.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of New Zealand Medical Indemnity Insurance Limited. The ratings reflect NZMII?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Berkeley Re Designated Activity Company. The ratings reflect Berkeley Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Ladder Capital Corp (LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade credit rating from Fitch Ratings. Notably, Ladder solidified its market-leading position by becoming the only commercial mortgage REIT with an investment grade rating. ?We are pleased with Fitch?s investment grade rating, one of our long-standing strategic goals.
KBRA assigns ratings to nine serial bonds and one term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2025A, a $60.0 million asset-backed securitization collateralized by residential solar loans and home improvement loans originated by New York State Energy Research and Development Auth...
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2032 in an aggregate principal amount of ?500.0 million. The net proceeds of the offering are expected to be ?496.8 million, after deducting underwriting discounts and estimated offering expenses.
KBRA assigns a long-term rating of A- to the City of Chicago, IL: General Obligation Bonds, Series 2025A; General Obligation Bonds, Series 2025B; General Obligation Bonds, Series 2025C; General Obligation Bonds, Taxable Series 2025D; General Obligation Bonds, Series 2025E; General Obligation Bonds, Series 2025F; and, General Obligation Bonds, Taxable Series 2025G.
AM Best has assigned indicative Long-Term Issue Credit Ratings of ?a-? to senior unsecured issues, ?bbb+? to subordinated issues, and ?bbb? to preferred stock to the recently filed shelf registration of MetLife, Inc. [NYSE: MET]. The outlook assigned to these Credit Ratings is stable.
BERLIN---- Regulatory News: TME Pharma N.V., a clinical-stage biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment, announces today that its financial visibility will be extended into May 2026 through the issuance of regular bonds to professional investors with an aggregated nominal value of ?2.05 million.
Residents Will Have Access to Robust Support Services. The Federal Home Loan Bank of Dallas and Texas Capital joined Covenant House Texas, community partners and local leaders on Friday to celebrate the opening of Covenant House, a safe haven for youth aged 18-24. This press release features multimedia. The funds are critical to completing this project and reducing homelessness in Houston.
***11:00 a.m., Wednesday, May 28, 8522 Glade Drive, Temple, Texas, 76502*** Representatives from the Federal Home Loan Bank of Dallas and First Heroes National Bank will attend a ceremonial check presentation for a U.S. Army Veteran, at 11:00 a.m., Wednesday, May 28, 2025.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
The Federal Home Loan Bank of Chicago recently released its 2024 Community Investment Advisory Council Report, highlighting the impact of the Bank?s community investment programs and the leadership of its CIAC.
IXS proudly announces the launch of BTC Real Yield, the world?s first product offered by a regulated and licensed platform that enables Bitcoin holders to earn yield from real-world assets, such as tokenized U.S. Treasuries, money market funds, and other fixed-income assets, without selling their BTC. This press release features multimedia.
?. Australia and New Zealand Banking Group. Issue of EUR 1,500,000,000.00. Floating Rate Senior Unsecured Notes due May 2027. Series no 2123 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 1,000.00 IS EUR 6.33. POOL FACTOR.
Reduces 2026 Debt Maturity to $29 Million Porch Group, Inc. (PRCH), a new kind of homeowners insurance company, today announced a delevering transaction with the privately negotiated repurchase of $144.3 million aggregate principal amount of its 0.75% Convertible Senior Notes due 2026 and the concurrent pricing of a private offering of $134.0 million aggregate principal amount of newly issued 9.00% Co...
KBRA assigns a long-term rating of AA to the Metropolitan Government of Nashville and Davidson County's Water and Sewer Revenue Refunding and Improvement Bonds, Series 2025. Key Credit Considerations The rating was assigned/affirmed because of the following key considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
Wabtec Corporation today announced that it has priced a public offering of $500 million aggregate principal amount of 4.900% Senior Notes due 2030 and $750 million aggregate principal amount of 5.500% Senior Notes due 2035. The Notes will pay interest semi-annually in arrears.
These conversions will offer the same municipal bond strategies with the structural features of an ETF Franklin Templeton today announced plans to convert 10 Putnam municipal bond mutual funds into exchange-traded funds, marking a significant expansion of its municipal bond ETF lineup following the acquisition of Putnam Investments in January 2024.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.
?. Jonathan Lang?an industry leader in geopolitical risk consulting working at the nexus of international business, politics and trade for multiple presidential administrations, including as director for international economic affairs at the White House National Economic Council and National Security Council during President Trump?s first term?joined APCO in Washington, D.C., as senior director...
Drawing on insights from 443K daily donations and $28B in giving, the report shows how data and AI are powering a new era of impact in the social good sector. Bonterra, a leader in social impact technology, today released its 2025 Impact Report, the most comprehensive look at the year?s trends across the social good sector and a bold call to grow charitable giving in the U.S. to 3% of GDP.
Prices grew at the slowest pace in nearly two years, but still, high homebuying costs, economic uncertainty and tariff talk spooked buyers ? Sales of existing U.S. homes fell to a seasonally adjusted annual rate of 4,196,707 in April, the lowest level since October 2024, according to a new report from Redfin, the technology-powered real estate brokerage.
Sidra Capital has officially joined Bursa Suq Al-Sila? as a commodity trading participant, placing it alongside central banks, global commercial banks, and international multilateral financial institutions. BSAS is a Malaysia-based commodity trading platform designed to facilitate Islamic liquidity management and financing by Islamic financial institutions.
BlackRock Core Bond Trust (BHK) today announced that its Board of Trustees has approved the terms of the issuance of transferable rights to the holders of the Fund's common shares of beneficial interest as of May 27, 2025.
Shift4 Payments, Inc. (FOUR), a leader in integrated payments and commerce technology, today announced the completion of the previously announced offering of ?680 million aggregate principal amount of 5.500% senior notes due 2033 and tack-on offering of $550 million aggregate principal amount of 6.750% senior notes due 2032 by Shift4 Payments (FOUR), LLC and Shift4 Payments Finance Sub, Inc., subsidiaries of...
AM Best has downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb+? from ?bbb-? of Life Insurance Company of Louisiana. The ratings reflect LICOL?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, very limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of Austral Resseguradora S.A. and Austral Seguradora S.A. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb-? of Austral Participa??es S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Popular Life Re. The ratings reflect PLRe?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Pinnacle Life Limited. The ratings reflect Pinnacle Life?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Herc Holdings Inc. (HRI) today announced today announced that it has priced $1,650 million aggregate principal amount of 7.000% senior unsecured notes due 2030 and $1,100 million aggregate principal amount of 7.250% senior unsecured notes due 2033 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended.
Jeep and Raisewell Team of Cross-Sector Luminaries Guide Robot.com and Other Portfolio Companies Through Changing Global Economic Landscape Raisewell Ventures, the venture firm challenging the status quo in the venture and startup industry?with a focus on high-growth sectors of climate, manufacturing and health, paired with an economic-impact mission?today announced that Founder and Managing Pa...
Herc Holdings Inc. (HRI) today announced that its wholly owned subsidiary, Herc Holdings Escrow, Inc., intends to offer $2,750 million aggregate principal amount of senior unsecured notes due 2030 and senior unsecured notes due 2033 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, subject to market and other conditions.
Angel Oak Mortgage REIT, Inc. (AOMR) today announced that it has priced an underwritten public offering of $40,000,000 aggregate principal amount of its 9.750% Senior Notes due 2030. RBC Capital Markets, LLC, UBS Investment Bank, Wells Fargo Securities, LLC and Piper Sandler & Co. are serving as joint book-running managers for the offering.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of ?aa+? of Berkshire Hathaway Life Insurance Company of Nebraska. BHLN?s ratings reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Rating to ?a+? from ?aa-? of American Heritage Life Insurance Company.
KBRA assigns a long-term rating of AAA to the Massachusetts Bay Transportation Authority Senior Sales Tax Bonds, 2025 Series A and Senior Sales Tax Bonds, 2025 Series B. KBRA additionally affirms the long-term rating of AAA for the Authority's outstanding Senior Sales Tax Bonds and AA+ for the Authority's Subordinated Sales Tax Bonds.
KBRA assigns a long-term rating of AA+ to the City of Fort Worth, TX General Purpose Bonds, Series 2025 and Tax Notes, Series 2025. Key Credit Considerations The rating actions were assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of Life Insurance Corporation B.S.C.. The outlook assigned to these Credit Ratings is stable.
? Xtrackers USD High Yield Corporate Bond Screened UCITS ETF Supplement to the Prospectus This Supplement contains information in relation to Xtrackers USD High Yield Corporate Bond Screened UCITS ETF, a sub-fund of Xtrackers plc an umbrella type open-ended investment company with segregated liability between sub-funds and with variable capital governed by the laws of Ireland and authorised by ...
Angel Oak Mortgage REIT, Inc. (AOMR) today announced that it is commencing an underwritten public offering of senior notes due 2030. RBC Capital Markets, LLC, UBS Investment Bank, Wells Fargo Securities, LLC and Piper Sandler & Co. are serving as joint book-running managers for the offering.
Short Term and National Municipal Bond strategies to be offered as separately managed accounts to unlock tax-efficient, yield-focused investment for investors Easterly Asset Management, home to investment teams providing investors with a portfolio of solutions across alternatives, active equity, and active fixed income, today announced the launch of two municipal bond products, offered as separ...
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.