AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Asian Reinsurance Corporation. The ratings reflect Asian Re?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
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.
Company Awarded Nearly $2 Million in Scholarships and Grants to Students, Social Justice Focused Non-Profits, and Community Partners; Increased Volunteerism by 31% Sallie Mae? today released its annual Corporate Social Responsibility Report, ?Powering Confidence: Increasing Access and Opportunity Through Higher Education.
AM Best has affirmed the Financial Strength Rating of A and the Long Term Issue Credit Rating of ?a? of the U.S. operating subsidiaries of Global Indemnity Group, LLC (GBLI) [NYSE: GBLI]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of Global Indemnity..
KBRA assigns the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2022 Series C. Concurrently, KBRA affirms the long-term rating of AA+ with a Stable Outlook to the Department of Water and Power of the City of Los Angeles outstanding Water System Revenue Bonds. Click here to view the report.
Hyliion Holdings Corp. (HYLN), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has become a member of the World Economic Forum and will join the Road Freight Zero coalition, an initiative that engages industry leaders around the world to accelerate the global transition to a zero-emission transportation future.
AM Best has assigned Long-Term Issue Credit Ratings of ?a? to UnitedHealth Group Incorporated?s [NYSE: UNH] recently issued $600 million 3.7% senior unsecured notes, due 2027; $900 million 4% senior unsecured notes, due 2029; $1.5 billion 4.2% senior unsecured notes, due 2032; $2 billion 4.75% senior unsecured notes, due 2052; and $1.0 billion 4.95% senior unsecured notes, due 2062.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.
LTC Properties, Inc. (LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it entered into a Note Purchase Agreement to issue $75 million aggregate principal amount of 3.66% senior unsecured notes.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the primary life insurance subsidiaries of Protective Live Corporation, collectively known as Protective Life.
The annual meeting of the World Economic Forum will work under the theme of History at a Turning Point: Government Policies and Business Strategies Defined.ai, the leading provider of data, models and tools for Artificial Intelligence, announced today that the company?s Founder and CEO, Dr. Daniela Braga was invited to attend this year?s annual Davos meeting of the World Economic Forum this May...
Faster investor adoption and novel bond ETF applications driving 23% annual growth rate Despite the most challenging fixed income market in decades, BlackRock (BLK) projects that global bond exchange-traded funds assets under management will triple to $5 trillion by 2030.1 The extreme market volatility in the early days of the pandemic reinforced the versatility of bond ETFs.
Fitzgerald to present on food systems and the synergies between farmers and climate action U.S. Farmers & Ranchers in Action announced today that CEO Erin Fitzgerald will speak at the 2022 World Economic Forum Davos Summit.
Indicators Derived From Unstructured Data Will Help Policymakers Better Track Retail Pricing, Consumer Demand Shifts Driven by Central Bank Policy and the Ukraine War State Street Corporation (STT) today announced that it will begin providing the PriceStats Global Food Inflation series to the public, on a complimentary basis, to help policymakers grapple with rapidly rising food prices and supply sho...
Four Corners Property Trust (FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties today announced that the Company has received an inaugural Investment Grade rating from Moody?s Investor Service of Baa3: stable outlook on its senior unsecured revolving and term loan facility.
?. Santander UK PLC. Series 66 GBP 1,000,000,000.00. Floating Rate Covered Bonds due 16 November 2022. Under EUR 35 billion Global Covered Bond Programme. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 2,136,975.34. POOL FACTOR.
U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks.
On May 12, 2022, KBRA assigned the long-term rating of AA+ with a Stable Outlook to the City of New York?s General Obligation Bonds Fiscal 2022 Series D. Additionally, KBRA affirmed the long-term rating of AA+ with a Stable Outlook to the City?s outstanding General Obligation Bonds. Click here to view the report.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Republic Insurance Company Limited. The Credit Ratings reflect Republic Insurance?s balance sheet strength, which AM Best assesses as very strong as well as its adequate operating performance, neutral 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 Insurance Corporation of Barbados Limited. The ratings reflect ICBL?s balance sheet strength, which AM Best assesses as strongest 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 Century Insurance Company Limited. The ratings reflect CIC Guam?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.
Banks Provide a $750K Subsidy to Transform Franklin Foundation Hospital into Senior Living Home Bank and the Federal Home Loan Bank of Dallas awarded a $750,000 Affordable Housing Program subsidy to New Orleans Restoration Properties to help renovate the former Franklin Foundation Hospital into a $25.7 million affordable senior living community in Franklin, Louisiana.
DBRS Morningstar notes strong financials, an effective brand, and prudent capital positioning Security Benefit, a leader in the U.S. retirement market, today announced that DBRS Morningstar has assigned a Financial Strength Rating of ?A? to Security Benefit Life Insurance Company* and First Security Benefit Life Insurance & Annuity Company of New York.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the recently announced $500 million, 4.5% 10-year senior unsecured notes, due May 13, 2032, issued by Ameriprise Financial, Inc. (AMP) [NYSE: AMP]. The outlook assigned to the Credit Rating is stable. The proceeds from this debt issuance are expected to be used for general corporate purposes.
Intercontinental Exchange (ICE), a leading global provider of data, technology and market infrastructure, announced today that it priced an underwritten public offering of $8 billion in new senior notes.
On May 11, 2022, KBRA assigned a long-term rating of A+ with a Stable Outlook to the Greater Asheville Regional Airport Authority Airport System Revenue Bonds Series 2022A. Click here to view the report.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Reunion Re Compa?ia de Reaseguros S.A.. The outlook of these Credit Ratings is negative.
Commenting on the group?s results, Sappi Chief Executive Officer Steve Binnie said: ?I am very proud of the excellent performance during the quarter particularly in light of the impact of Covid-19 in the last two years and the global economic turmoil.
Dragos, Inc.: SUMMARY: Dragos, Inc., the global leader in cybersecurity for industrial controls systems/operational technology environments, today announced CEO and co-founder Robert M. Lee has been invited to speak at the World Economic Forum Annual Meeting in Davos Switzerland, during the Global Cybersecurity Outlook session on May 23.
?. Santander UK PLC. Series 66 GBP 1,000,000,000.00. Floating Rate Covered Bonds due 16 November 2022. Under EUR 35 billion Global Covered Bond Programme. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 2,136,975.34. POOL FACTOR.
SMBX?s community-focused small business marketplace is fueling growth for Innovative Recordings, LLC and Triune Solutions?. Residents can invest in the businesses by purchasing Small Business Bonds? on the SMBX Marketplace Innovative Recordings, LLC and Triune Solutions are the latest businesses giving local residents the opportunity to invest directly in them through the DC Rebuild Bond program.
Equitable Holdings, Inc. (EQH) announced today that Moody?s Investor Services has upgraded the senior unsecured debt rating of Equitable Holdings, Inc. (EQH) to Baa1 from Baa2 and the insurance financial strength ratings of its life insurance subsidiaries to A1 from A2. See Moody?s announcement for further information.
Guotai Junan International Holdings Limited announced that the Company has successfully assisted Orient Securities Company Limited in issuing the world?s first Euro-denominated Yulan Bond on May 5, 2022. This press release features multimedia.
Desktop Metal, Inc. (DM) today announced the pricing of its offering of $100,000,000 aggregate principal amount of 6.0% convertible senior notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
On May 9, 2022, KBRA assigned a long-term rating of AAA with a Stable Outlook to the State of Wisconsin?s General Obligation Bonds of 2022, Series A. Concurrently, KBRA affirmed the long-term AAA rating with a Stable Outlook on $6.8 billion of outstanding General Obligation bonds; the short-term K1+ rating on the G.O. Commercial Paper Program and G.O. Extendible Municipal Commercial Paper Progr...
Increased Revenue by 43% Year-over-Year to $96.7 Million, a Record for the First Quarter, Driven by Global Growth in Pre-Campaign Activation Across Programmatic, Social and CTV Activation Revenue Increased 56% to $53.0 Million Achieved Net Income of $4.6 Million and First Quarter Record Adjusted EBITDA of $24.7 Million Raised Full Year 2022 Revenue and Adjusted EBITDA Outlook NEW YORK---- Doubl...
SAN MARCOS, Calif. The World Economic Forum?s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.
Desktop Metal, Inc. (DM) today announced its intention to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Hercules Capital, Inc. (HTGC), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Fitch Ratings, Inc. has assigned Hercules an investment grade credit and corporate rating of BBB- with a stable outlook.
HONG KONG & SINGAPORE---- EMQ, the global payments network that enables real-time, secure, and affordable financial services for everyone worldwide, was selected among hundreds of candidates as one of the World Economic Forum?s ?Technology Pioneers?. To date, EMQ has facilitated real-time transactions for billions of people throughout Asia Pacific, Africa, Europe, and North America, while advan...
DALLAS---- Colossal Biosciences, a breakthrough biosciences and genetic engineering company, was selected as one of the World Economic Forum?s ?Technology Pioneers?. Colossal has invented a working model of de-extinction and is the first to leverage CRISPR and other gene editing technologies for the purposes of species de-extinction, beginning with the woolly mammoth.
DALLAS---- Recuro Health, an integrated digital health solutions company with a focus on delivering virtual care, was selected among hundreds of candidates as one of the World Economic Forum?s ?Technology Pioneers.
Home prices across the United States rose in the first three months of the year at an annualized rate of 12.8 percent, according to Radian Home Price Index data released today by Red Bell Real Estate, LLC, a Radian Group Inc. (RDN) company. This press release features multimedia.
Multilateral Trading Facility goes live with institutional clients Onboarding majority of top tier sell-side firms and 30+ major asset managers Digital market powered by Distributed Ledger Technology gives clients greater liquidity insight and full data control LONDON & NEW YORK---- LedgerEdge, the next-generation ecosystem for trading, announced that it is live with the first regulated corpora...
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 Arizona Automobile Insurance Company. AAIC was acquired by Trexis One Insurance Corporation, which is a member of the Alfa group.
AM Best has affirmed the Financial Strength Rating of A and the Long- Term Issuer Credit Rating of ?a? of National Guardian Life Insurance Company. Concurrently, AM Best has downgraded the FSR to B++ from A and the Long-Term ICR to ?bbb? from ?a? of Commercial Travelers Life Insurance Company.
?. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bond due 12 November 2024. Series 73 Tranche 1. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 2,821,469.59. POOL FACTOR.
AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of Aegis Security Insurance Company. The ratings reflect Aegis? balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
HAMILTON, Bermuda---- Assured Guaranty Ltd. (AGO) announced today its financial results for the three-month period ended March 31, 2022. ?The first quarter of 2022 was a turning point for Assured Guaranty.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Industrial Alliance Insurance and Financial Services Inc.. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings of IA. Additionally, AM Best has affirmed the FSR of A and the Long-Term ICRs of ?a? of IA?s U.S. life insurance entities within the IA American Life Group.
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.
Log In Required
Line of Credit Log In Required
Publication Date