News Results

  1. AM Best Affirms Credit Ratings of Asian Reinsurance Corporation
    Business Wire | 05/20/22 10:06 AM EDT

    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.

  2. AM Best Affirms Credit Ratings of Royal Bank of Canada Insurance Company Ltd.
    Business Wire | 05/20/22 09:19 AM EDT

    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.

  3. Sallie Mae?s Latest Corporate Social Responsibility Report Highlights Commitment to Customers, Communities, Employees, and the Environment
    Business Wire | 05/20/22 09:00 AM EDT

    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.

  4. AM Best Affirms Credit Ratings of Global Indemnity Group, LLC and Its Subsidiaries
    Business Wire | 05/19/22 03:48 PM EDT

    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..

  5. KBRA Assigns AA+ Rating, Stable Outlook to LADWP Water System Revenue Bonds, 2022 Series C
    Business Wire | 05/19/22 01:48 PM EDT

    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.

  6. Hyliion Joins World Economic Forum?s Road Freight Zero Coalition to Drive Global Decarbonization
    Business Wire | 05/19/22 08:00 AM EDT

    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.

  7. AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated?s Senior Unsecured Notes
    Business Wire | 05/18/22 05:28 PM EDT

    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.

  8. AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
    Business Wire | 05/18/22 04:16 PM EDT

    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.

  9. LTC Announces $75 Million Private Placement Debt Financing at 3.66%
    Business Wire | 05/18/22 09:30 AM EDT

    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.

  10. AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Life Subsidiaries
    Business Wire | 05/18/22 09:11 AM EDT

    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.

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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