Inaugural Multi-Year Engagement to Expand Originations Capacity and Generate Fee Income Sallie Mae, the leader in private student lending, has announced a multi-year strategic partnership with KKR, a leading global investment firm.
Graham Holdings Company (GHC) today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior unsecured notes due 2033. Substantially concurrently with the offering of Notes, the Company intends to amend and restate its revolving credit facility, increasing the total commitments by lenders under such facility to $400 million.
KBRA assigns a long-term rating of AAA to the Special Obligation School Financing Bonds, Series 2025, issued by the Virginia Public School Authority on behalf of the County of Hanover, VA. Concurrently, KBRA assigns a AAA rating to outstanding parity obligations.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the recently issued $300 million of 5.250% senior unsecured notes due Dec. 15, 2035, issued by Unum Group (UNM) [NYSE: UNM]. The outlook assigned to this Credit Rating is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Arab War Risks Insurance Syndicate. The ratings reflect AWRIS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
Enterprise Products Partners L.P. (EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $1.65 billion aggregate principal amount of notes comprised of $300 million principal amount of senior notes due June 20, 2028, $600 million principal amount of senior notes due January 15, 2031, and $750 million principal amount of senior notes due...
KBRA assigns a long-term credit rating of "BBB-" with Stable Outlook to $40 million, 8% notes Senior Unsecured Notes due 2030 issued by Obsidian Insurance Holdings, Inc.. The intended use of proceeds include retiring existing senior unsecured notes due 2025, supporting future premium growth and general corporate purposes.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to NPA Insurance Limited. The ratings reflect NPAI?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.
Walker & Dunlop, Inc. (WD) announced today that it arranged $625,299,000 in fixed-rate loans from Freddie Mac to refinance eight multifamily properties in six high-growth U.S. markets. Walker & Dunlop Capital Markets refinanced the existing loans on behalf of IMT Capital.
AM Best has downgraded the Financial Strength Rating to B+ from B++ and the Long-Term Issuer Credit Rating to ?bbb-? from ?bbb? of The Group Insurance Trust of the California Society of Certified Public Accountants.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re.
Regulatory News: WINAMP GROUP SA, owner of the Winamp platform, announces that the Luxembourg-based fund Hexagon Capital Fund has proceeded, on 6 November 2025, with a second subscription of 250 bonds issued by Winamp Group SA, each with a nominal value of ?1,000, representing a total amount of ?250,000.
KBRA releases the October 2025 issue of CMBS Trend Watch. As we approach year-end, commercial mortgage-backed securities private label issuance is on track to have its strongest year since 2007. In October, KBRA published pre-sales for seven deals, including four SB, two conduits, and one Agency.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of General Reinsurance Corporation and its core property/casualty and lifeinsurance subsidiaries operating in the United States and internationally.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Soci?t? Nationale d'Assurance. The ratings reflect SAA?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
Funds from Federal Home Loan Bank of Atlanta Support Several Southeast Communities Ameris Bank, a member of Federal Home Loan Bank of Atlanta, is distributing three $1,250,000 grants to organizations in Georgia and Florida to support the construction of more than 170 affordable rental units.
DENVER---- Voyager Technologies, Inc. (VOYG) today announced the pricing of its offering of $435,000,000 aggregate principal amount of 0.75% convertible senior notes due 2030 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.
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 Fairfax Financial Holdings Limited (FRFHF) [TSX:FFH]. The outlook assigned to these Credit Ratings is stable.
Program Assists Disabled Military Service Members, Veterans and Gold Star Families. A $25,000 grant from the Federal Home Loan Bank of Dallas and Woodforest National Bank? funded major home repairs for a U.S. Army veteran whose life was turned upside down by Hurricane Ida four years ago. This press release features multimedia.
Bridging the Dream Scholarship Program Provides $10,000 in Scholarships to 40 High School and 10 Graduate Students Nationwide In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship Program.
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Zhibao Labuan Reinsurance Company Limited. The ratings reflect Zhibao Re?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.
Program Provides Annual Grants to Subsidize the Acquisition, New Construction and/or Rehabilitation of Affordable Rental or Owner-Occupied Housing The Federal Home Loan Bank of Chicago today announced it has awarded $52 million through its 2025 Affordable Housing Program General Fund round to help finance 37 housing projects located in Illinois and Wisconsin.
BWX Technologies, Inc. (BWXT) announced today the pricing of its private offering of $1.1 billion aggregate principal amount of 0% Convertible Senior Notes due 2030 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Mattel, Inc. (MAT) announced today the pricing of its underwritten public offering of $600,000,000 aggregate principal amount of 5.000% Senior Notes due 2030. The Company intends to use the net proceeds of the Offering, together with cash on hand, to redeem all of its outstanding 3.375% Senior Notes due 2026, and to pay related fees and expenses.
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 ?bb? of Tower Bonding and Surety Co., Inc.. The outlook of the FSR is stable.
Program Assists Disabled Military Veterans and Gold Star Families with Housing Needs. A Killeen, Texas, Army veteran and his family are now living in a safer, more secure home thanks to a $22,000 grant from the Federal Home Loan Bank of Dallas and First National Bank Texas. 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 Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI.
DENVER---- Voyager Technologies, Inc. (VOYG) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2030 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.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of AzRe Reinsurance, OJSC. The ratings reflect AzRe?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.
Bristol Myers Squibb (BMY) today announced that it has priced a public offering of senior unsecured notes in a combined aggregate principal amount of ?5 billion. On November 3, 2025, Bristol Myers Squibb (BMY) commenced a tender offer to purchase, for cash, various series of its outstanding notes.
KBRA assigns an A+ long-term rating to the City of Chicago, Illinois Chicago O'Hare International Airport Senior Lien Revenue Bonds Series 2025E, Series 2025F, and Series 2025G.
In the Americas, technology names led shorting activity, with Palo Alto Networks, IBM, and Super Micro Computer among the most crowded positions as investors reassessed high-valuation AI and cybersecurity plays Global equity markets showed notable divergence in October, shaped by renewed U.S.?China trade tensions, a U.S. government shutdown and diverging central bank policies.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of HDFC International Life and Re Company Limited, a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited.
Guardant Health, Inc. (GH), a leading precision oncology company, today announced the pricing of its upsized offering of $350.0 million aggregate principal amount of 0% convertible senior notes due 2033 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.
AM Best has revised the outlook to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term ICR of ?a? of?Michigan Millers Mutual Insurance Company. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICR of ?aa-? of Western National Mutual Insurance Company and its affiliates, collectively known as Western National Insurance Pool.
Guardant Health, Inc. (GH), a leading precision oncology company, today announced its intention to offer $300.0 million aggregate principal amount of convertible senior notes due 2033 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.
Westlake Corporation (WLK) announced today that it has priced its previously announced underwritten public offering of $600,000,000 aggregate principal amount of senior unsecured notes due 2035 and $600,000,000 aggregate principal amount of senior unsecured notes due 2055 under its existing shelf registration statement.
KBRA assigns a rating of BBB to Crescent Capital BDC, Inc.'s (CCAP) $67.5 million, 5.87% senior unsecured notes due 2029, $50 million, 5.97% senior unsecured notes due 2029, and $67.5 million, 6.20% senior unsecured notes due 2031.
Westlake Corporation (WLK) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors.
Pipe?s participation in the Unicorn Community will focus on promoting financial inclusion for small businesses. Pipe, a fintech company offering embedded capital products for small businesses, announced today that it has joined the World Economic Forum's Unicorn Community, a designation reserved for private hyper-growth companies at the forefront of disruption and innovation in their industries.
NEW YORK---- IMAX Corporation (IMAX) today announced the pricing of $220,000,000 aggregate principal amount of 0.75% convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws.
Imagine a traveler?s perfect day planning itself, rerouting around a rainstorm, prompting a caf? to add staff before the lunch rush, suggesting a quiet gallery when crowds swell. This press release features multimedia. In 2024, tourism generated 10.9 trillion dollars, nearly 10 percent of global GDP, and is projected to reach 16.5 trillion dollars by 2035.
NEW YORK---- IMAX Corporation (IMAX) today announced its intention to offer, subject to market and other conditions, $220,000,000 aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and pursuant to exemptions from the prospectus requirements of applicable Canadian sec...
KBRA assigns a long-term rating of AA+ to Travis County Hospital District's Series 2025 Certificates of Obligation and affirms outstanding parity COs at AA+, all with a Stable Outlook.
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 Golden Tree Reinsurance Limited.
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 Reaseguradora Patria, S.A.. AM Best also has affirmed the Long-Term ICR of ?bbb? of Patria Re?s ultimate parent, Pe?a Verde, S.A.B.. 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 ?bb+? of Quest Insurance Group Limited. The ratings reflect Quest?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.
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.
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