KBRA assigns preliminary ratings to 58 classes from Connecticut Avenue Securities Trust 2026-R03, a credit risk sharing transaction with a total note offering of $629,983,000. The Reference Pool consists of 55,708 residential mortgage loans with an outstanding principal balance of approximately $20.0 billion as of the cut-off date.
DWS, a leading European asset manager with global reach, today announced the impending closure and liquidation of two Xtrackers ETFs: Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) and Xtrackers California Municipal Bond ETF (CA). Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) is listed on NYSE. Xtrackers California Municipal Bond ETF (CA) is listed on NASDAQ.
KBRA assigns a long-term AA rating to the City of Chicago Water Revenue Bonds Project Series 2026A, Refunding Series 2026B, and Refunding Series 2026C. The Bonds are limited obligations of the City, secured by a pledge of and lien on, and payable solely from, the Net Revenues of the City's Water System. Key Credit Considerations Credit Positives. Credit Challenges.
InvenTrust Properties Corp. (IVT) today announced that it has signed a definitive note purchase agreement providing for a private placement of $250 million senior unsecured notes of which $50 million are designated as 5.09% Series A senior notes due June 29, 2029, $100 million are designated as 5.32% Series B senior notes due June 29, 2031, and $100 million are designated as 5.60% Series C senior not...
KBRA assigns a long-term rating of AAA to the County of Buncombe, NC General Obligation Bonds, Series 2026A, and Taxable General Obligation Bonds, Series 2026B. Key Credit Considerations The rating actions reflect 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 affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of Seguros El Potos?, S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of the members of Government Employees Group. The ratings of GEICO reflect the group?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B, the Long-Term Issuer Credit Rating of ?bb+? and the Mexico National Scale Rating of ?a+.MX? of Momento Seguros, S.A de C.V.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of National Indemnity Company and its affiliates. The ratings reflect National Indemnity?s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterprise risk management.
CoreWeave, Inc. (CRWV) announced today that it priced a private offering of $1,000 million aggregate principal amount of 9.750% senior notes due 2031. CoreWeave (CRWV) intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes.
Sallie Mae Offers Guidance and Free Resources to Compare Financial Aid Offers Each spring, students and families reach one of the most important milestones in the college decision process: receiving financial aid offer letters from colleges and universities.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb? of the Joint-Stock Company Subsidiary of Halyk Bank of Kazakhstan Halyk Insurance Company.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Ratings to ?a? from ?a-? of the rated operating subsidiaries of SiriusPoint Ltd. [NYSE: SPNT]. Additionally, AM Best has upgraded the Long-Term ICR to ?bbb? from ?bbb-? of SiriusPoint, which is a non-operating holding company..
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Middle East Insurance Company Plc. The ratings reflect MEICO?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
eOriginal? platform capabilities now support Federal Home Loan Bank of Des Moines acceptance of digital CRE, Ag, MF, and HELOC collateral Building on its recent expansion of secured party access and digital collateral visibility, Wolters Kluwer Financial & Corporate Compliance today announced support and coordination with the Federal Home Loan Bank of Des Moines following its decision to accep...
?Stronger monthly appreciation signals early seasonal firming, even as prices remain below year-ago levels, 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 March 2026 Home Price Index report.
CoreWeave, Inc. (CRWV) announced today that it intends, subject to market and other customary conditions, to offer $1,000 million aggregate principal amount of 9.750% senior notes due 2031 in a private offering.
Regulatory News: NFL BIOSCIENCES, a biopharmaceutical company developing innovative botanical drugs for the treatment of addictions, today announces the extension of its cash runway until the third quarter of 2027 through new financing.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb+? of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.
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.
?ServiceMac honored for continued excellence in mortgage servicing performance for third straight year? ServiceMac, a mortgage subservicer and a member of the First American family of companies, today announced the company earned Fannie Mae?s 2025 Servicer Total Achievement and Rewards? Performer award in the Solution Delivery and Timeline Management categories.
inDrive, a global mobility and delivery platform, has joined the World Economic Forum?s Unicorn Community, an invitation-only group of hyper-growth companies recognized for driving innovation and positive global impact. inDrive is helping shape a digital economy in which technology works more fairly for people. inDrive?s participation in the Unicorn Community will focus on advancing fair access...
A $142,401 Pathway Fund grant from the Federal Home Loan Bank of Dallas, through its member institution First Federal Bank of Louisiana, will significantly expand Project Build a Future?s ability to help families resolve heirs? property challenges, clear long?standing title issues and protect generational wealth in Louisiana?s Calcasieu Parish. This press release features multimedia.
KBRA assigns a long-term rating of AAA to the Los Angeles Unified School District General Obligation Bonds, Series QRR, and 2026 General Obligation Refunding Bonds, Series A. Concurrently, KBRA affirms the long-term rating of AAA on the District's outstanding General Obligation Bonds.
NRG Energy, Inc. (NRG) has priced its previously announced concurrent offerings of $500 million aggregate principal amount of 4.955% senior secured first lien notes due 2031 and senior unsecured notes, consisting of $1,050 million aggregate principal amount of 5.875% senior unsecured notes due 2034 and $1,050 million aggregate principal amount of 6.125% senior unsecured notes due 2036.
KBRA assigns a long-term rating of AAA to the State of Oregon Department of Administrative Services Oregon State Lottery Revenue Bonds, Series 2026A and Series 2026B.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Trans World Assurance Company. The Credit Ratings reflect TWA?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.
Rimini Street, Inc. (RMNI), the Software Support and Agentic AI ERP Company?, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the following upcoming 2026 Investor Events Schedule. This press release features multimedia.
NRG Energy, Inc. (NRG) announced today the commencement of concurrent offerings of senior secured first lien notes due 2031 and senior unsecured notes, consisting of senior unsecured notes due 2034 and senior unsecured notes due 2036. The Notes will be guaranteed by each of NRG?s current and future wholly-owned U.S. subsidiaries that guarantee the term loans under NRG?s credit agreement.
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.