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.
Canadian National Railway (CNI) on Friday said it is raising US$700 million in a public debt offering. The company said the offering is made up of US$300 million of 4.200% Notes due 2031 and US$400 million of 4.750% Notes due 2035.
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.
Voyager Technologies (VOYG) said Friday it priced a private offering of $435 million of 0.75% convertible senior unsecured notes due Nov. 15, 2030, upsized from a previously planned $300 million. Initial purchasers have a 13-day overallotment option to buy up to an additional $65 million of the notes.
Targa Resources (TRGP) said late Thursday it priced a public offering of $750 million of 4.35% senior notes due 2029 and $1 billion of 5.4% senior notes due 2036. The offerings were priced at 99.938% and 99.92% of the notes' face value, respectively.
Halozyme Therapeutics (HALO) said late Thursday it priced a private offering of $650 million of 0% convertible senior notes due 2031 and $650 million of 0.875% convertible senior notes due 2032. Initial purchasers have a 13-day overallotment option to purchase up to $100 million of additional notes of each series.
* S&P to publish ratings review for Poland on Friday. * Fitch and Moody's already changed ratings outlook to 'negative' * Political standoff hampers consolidation measures, agencies say. By Karol Badohal.
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.
CN today announced a public debt offering of US$700 million comprised of US$300 million aggregate principal amount of 4.200% Notes due 2031 and US$400 million aggregate principal amount of 4.750% Notes due 2035.
Targa Resources Corp. (TRGP) announced today the pricing of an underwritten public offering of $750 million aggregate principal amount of its 4.350% Senior Notes due 2029 and $1.0 billion aggregate principal amount of its 5.400% Senior Notes due 2036 at a price to the public of 99.938% and 99.920% of their face value, respectively.
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.
Boyd Group Services (BGSI) after trade Thursday said it closed a private placement of C$525 million in senior unsecured notes due 2030. Proceeds, along with funds from its recent US$897-million equity offering, will be used to help finance the US$1.3-billion acquisition of Joe Hudson's Collision Center, the company added.
Announces Issuance of $30.0 million Convertible Senior Unsecured Notes due 2031? Announces Amendment to Existing Credit Agreement Westrock Coffee Company (WEST) today reported financial results for the third quarter ended September 30, 2025.
Global Payments (GPN) is raising $6.2 billion through a four-part investment-grade bond offering to finance its purchase of the remaining 55% stake in Worldpay, Bloomberg reported Thursday, citing a person familiar with the matter.
* S&P to publish ratings review for Poland on Friday. * Fitch and Moody's already changed ratings outlook to 'negative' * Political standoff hampers consolidation measures, agencies say. By Karol Badohal.
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.
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.
Apollo Global Management, Inc. (APO) today announced that it has priced an offering of $400 million aggregate principal amount of its 4.600% Senior Notes due 2031 and an additional $350 million aggregate principal amount of its 5.150% Senior Notes due 2035.
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.
MINNEAPOLIS, Nov. 5, 2025 ?Polaris Inc. (PII) today announced the pricing of an underwritten public offering of senior notes consisting of $500 million aggregate principal amount of its 5.600% senior notes due 2031. The sale of the notes is expected to close on November?13, 2025, subject to the satisfaction of customary closing conditions.
?? Corporate Credit Rating Upgraded to Investment-Grade? ?? Reduced Net Debt by $2 Billion Since Q3?24 and Increased Liquidity to $1.1 Billion ?? Executed $1.8 Billion Refinancing of Revolving Credit Facility, Lowering Cost of Capital and Extending Weighted Average Debt Maturity ?? Repurchased 12.1 Million Shares Year-to-Date at a Weighted Average Price of $7.59, Totaling $92 Million ?? Raises ...
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.
Bristol-Myers Squibb (BMY) said Wednesday it priced a public offering of 5 billion euros of senior unsecured notes. The notes will be issued by the company's subsidiary BMS Ireland Capital Funding Designated Activity Company.
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.
Ramaco Resources (METCB) said Wednesday it has priced a public offering of $300 million of 0% convertible senior notes due 2031. Issuance and sale of the notes are expected to settle on Friday, the company said. Underwriters of the notes were given an option to buy up to an additional $45 million of notes to cover over-allotments, Ramaco said.
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.
LEXINGTON, Ky., Nov. 5, 2025 Ramaco Resources, Inc. (METCB) today announced the pricing of its public offering of $300,000,000 aggregate principal amount of 0% convertible senior notes due 2031. Ramaco estimates that the net proceeds from the offering of the notes will be approximately $290.9 million, after deducting the underwriting discounts and commissions and Ramaco's estimated offering expenses.
LEXINGTON, Ky., Nov. 5, 2025 Ramaco Resources, Inc. (METCB) announced today, in a separate press release, the pricing of its previously announced underwritten public offering of $300,000,000 aggregate principal amount of 0% convertible senior notes due 2031, for total net proceeds of approximately $290.9 million, plus up to an additional $45,000,000 aggregate principal amount of notes that the underwri...
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.
HAMILTON, Bermuda, Nov. 4, 2025 Nabors Industries Ltd.? today commented on the recent credit ratings actions taken by all three of the major credit rating agencies. Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "Nabors has made dramatic progress this year to delever and strengthen our balance sheet.
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.
LEXINGTON, Ky., Nov. 4, 2025 Ramaco Resources, Inc. (METCB) announced today, in a separate press release, its intention to offer, in an underwritten public offering, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2031?, plus up to an additional $45,000,000 aggregate principal amount of notes that the underwriters of the notes offering hav...
LEXINGTON, Ky., Nov. 4, 2025 Ramaco Resources, Inc. (METCB) announced today that it intends to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of ?convertible senior notes due 2031 in a public offering registered under the Securities Act of 1933, as amended.
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 said Tuesday it has launched an underwritten public offering of senior unsecured notes and a concurrent cash tender offer to purchase any and all of its outstanding 3.60% senior notes due 2026.
TORONTO, Nov. 4, 2025 Foresters Financial?, the fraternal life insurer redefining member experience through purpose-driven innovation, today announced that independent rating agency A.M. Best Company has affirmed The Independent Order of Foresters Financial Strength Rating of "A" with a stable outlook.
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.
IMAX Corporation (IMAX) has priced $220 million of 0.75% convertible senior notes due 2030 in a private offering to qualified institutional buyers. The senior unsecured notes will bear interest at 0.75% annually, payable semi-annually beginning May 15, 2026, and will mature on November 15, 2030.
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
Publication Date