AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Intact Insurance Company, the lead company of Intact Financial Corporation (IFCZF) [TSX: IFC], as well as the core insurance subsidiaries of IFC.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of New Zealand Medical Indemnity Insurance Limited. The ratings reflect NZMII?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.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Berkeley Re Designated Activity Company. The ratings reflect Berkeley Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
OCI NV: * ENTERS 2025 WITH POSITIVE MOMENTUM. * DISTRIBUTES USD 1.0 BILLION TO SHAREHOLDERS IN MAY. * NET CASH FROM CONTINUING OPERATIONS AT USD 1,033 MILLION AS OF MARCH 31. * METHANOL SALE TO METHANEX EXPECTED TO CLOSE IN Q2 2025. * SECURED A BINDING SUPPORT AGREEMENT WITH A LARGE GROUP OF BONDHOLDERS REGARDING TREATMENT OF 2033 BONDS.
Ladder Capital Corp (LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade credit rating from Fitch Ratings. Notably, Ladder solidified its market-leading position by becoming the only commercial mortgage REIT with an investment grade rating. ?We are pleased with Fitch?s investment grade rating, one of our long-standing strategic goals.
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2032 in an aggregate principal amount of ?500.0 million. The net proceeds of the offering are expected to be ?496.8 million, after deducting underwriting discounts and estimated offering expenses.
Transaction included full redemption of $993 million 7.625% Senior Unsecured Notes MIAMI, May 21, 2025 /PRNewswire/ -- Carnival Corporation (CCL) &?plc? today announced that Carnival Corporation (CCL) has closed its previously announced private offering of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031.
???????? NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. ENDEAVOUR ANNOUNCES PRICING OF US$500.0 MILLION 5-YEAR SENIOR NOTES London, 21 May 2025 ? Endeavour Mining plc (EDVMF) is pleased to announce the pricing of its offering of US$500.0 million fixed rate senior notes due 2030 as part of its refinancing strategy.
U.S. junk-rated corporate borrowers have refinanced just $22 billion in high-yield bonds and leveraged loans so far in the second quarter, according to JPMorgan analysts, as heightened market volatility has led many borrowers to hold off refinancing their maturing debt.
LIVINGSTON, N.J., May 21, 2025 ?CoreWeave (CRWV), Inc. announced today that it priced a private offering of $2,000 million aggregate principal amount of 9.250% senior notes due 2030, which represents a $500 million increase from the previously announced size of the offering.
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 MetLife, Inc. [NYSE: MET]. The outlook assigned to these Credit Ratings is stable.
Bilibili Inc. (BILI), an iconic brand and a leading video community for young generations in China, today announced the pricing of its?upsized offering of US$600 million in aggregate principal amount of convertible senior notes due 2030.
B Riley Financial Inc (RILY): * B. RILEY FINANCIAL ANNOUNCES PRIVATE BOND EXCHANGE TO REDUCE DEBT BY APPROXIMATELY $46 MILLION. * B Riley Financial Inc (RILY) - EXCHANGE ELIMINATES OVER $100 MILLION IN 2026 MATURITIES Source text: Further company coverage:
Exchange Eliminates More than $100 Million in 2026 Maturities LOS ANGELES, May 21, 2025 /PRNewswire/ --?B. Riley Financial (RILY), Inc., a diversified financial services company, today announced it has entered into a privately negotiated exchange agreement with an institutional investor, which will reduce the Company's total outstanding debt by approximately $46 million.
Bilibili Inc. (BILI), an iconic brand and a leading video community for young generations in China, today announced the proposed offering of US$500 million in aggregate principal amount of convertible senior notes due 2030, subject to market conditions and other factors, only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as ...
BERLIN---- Regulatory News: TME Pharma N.V., a clinical-stage biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment, announces today that its financial visibility will be extended into May 2026 through the issuance of regular bonds to professional investors with an aggregated nominal value of ?2.05 million.
Cipher Mining Inc. (CIFR) today announced the pricing of its public offering of $150,000,000 aggregate principal amount of convertible senior notes due 2030 in an offering registered under the Securities Act of 1933, as amended.
DALLAS, May 20, 2025 ?Texas Instruments Incorporated (TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of?$1.2 billion.
Fairfax Financial Holdings Limited (FRFHF) has completed its previously announced private offering of US$500,000,000 in aggregate principal amount of 5.750% senior notes due 2035 and US$400,000,000 in aggregate principal amount 6.500% senior notes due 2055.
Teva Pharmaceuticals?today announced that Fitch Ratings Agency has raised the Company's corporate credit rating to BB+, with a stable outlook; from BB. Fitch's report cites Teva's progress in reducing debt and improving flexibility, expects continuous revenue growth from AUSTEDO and AJOVY, as well as Teva's biosimilar pipeline.
Silver Pegasus Acquisition Corp : * BLANK CHECK CO, SILVER PEGASUS ACQUISITION CORP CUTS THE SIZE OF THE IPO TO UP TO $100 MILLION FROM UP TO $150 MILLION - SEC FILING. * SILVER PEGASUS ACQUISITION CORP - PROPOSED IPO PRICE IS AN ESTIMATE SOLELY FOR CALCULATING SEC REGISTRATION FEE Source text: Further company coverage:
Cipher Mining Inc. (CIFR) today announced its intention to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2030 in a public offering registered under the Securities Act of 1933, as amended.
LUXEMBOURG, May 20, 2025 On 11 March 2025 and 7 April 2025, Ardagh Group S.A. announced that it is engaging in negotiations with certain holders of its Senior Secured Notes and Senior Unsecured Notes who comprise two separate ad hoc groups of AGSA's debt.
LUXEMBOURG, May 20, 2025 Ardagh Group S.A. has today provided a further update in connection with its capital structure review and its recent discussions with certain of the Group's noteholders. Noteholders comprise a?group owning a majority of the Group's Senior Unsecured Notes, and a group owning a majority of the Group's Senior Secured Notes.
* Investors shrug off Moody's US credit downgrade. * Super long Japanese government bond prices fall sharply. * Dollar drifts as selloff in Treasuries eases. * US share futures slightly lower. * RBA cuts rates as expected, Aussie down 0.5% * CATL debuts in Hong Kong in world's biggest listing this year. By Ankur Banerjee, Johann M Cherian and Alun John.
MIAMI, May 20, 2025 Enfinity Global Inc., a leader in renewable energy, today announced the successful closing of an up to ?100 million bond facility to support the deployment of its energy storage and solar PV projects across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles.
?. Australia and New Zealand Banking Group. Issue of EUR 1,500,000,000.00. Floating Rate Senior Unsecured Notes due May 2027. Series no 2123 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 1,000.00 IS EUR 6.33. POOL FACTOR.
Reduces 2026 Debt Maturity to $29 Million Porch Group, Inc. (PRCH), a new kind of homeowners insurance company, today announced a delevering transaction with the privately negotiated repurchase of $144.3 million aggregate principal amount of its 0.75% Convertible Senior Notes due 2026 and the concurrent pricing of a private offering of $134.0 million aggregate principal amount of newly issued 9.00% Co...
Wabtec Corporation today announced that it has priced a public offering of $500 million aggregate principal amount of 4.900% Senior Notes due 2030 and $750 million aggregate principal amount of 5.500% Senior Notes due 2035. The Notes will pay interest semi-annually in arrears.
ROCKVILLE, Md., May 19, 2025 /PRNewswire/ --?REGENXBIO Inc. (RGNX) today announced the closure of a non-dilutive, limited recourse royalty bond agreement of up to $250 million with Healthcare Royalty.
Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected.
Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected.
Republicans who control the U.S. House of Representatives will try to nudge President Donald Trump's sweeping tax bill toward passage this week, despite a running battle over spending cuts and tax breaks that threatens to shatter their fragile majority.
White House economic adviser Kevin Hassett on Monday dismissed the downgrade of the United States' remaining AAA-credit rating from a major ratings agency last week, saying the move should not be a surprise. Treasury yields rose and the dollar and stock index futures fell following Moody's move on Friday.
LIVINGSTON, N.J., May 19, 2025? CoreWeave, Inc. (CRWV) announced today that it intends, subject to market and other customary conditions, to offer $1,500 million aggregate principal amount of senior notes due 2030 in a private offering.
* Treasury's Bessent on Moody's downgrade: "Who cares?" * Downgrade comes as House Republicans take up tax bill again. * Medicaid in Republican crosshairs as committee weighs bill. * Democrats warn downgrade, tax bill signal recession, higher interest rates. By Susan Heavey.
The Republican-controlled U.S. Congress on Sunday sought to push forward with President Donald Trump's sweeping tax-cut bill, as one of his top economic officials dismissed Moody's decision to strip the federal government of its top-tier credit rating.
The Republican-controlled U.S. Congress on Sunday sought to push forward with President Donald Trump's sweeping tax-cut bill, as one of his top economic officials dismissed Moody's decision to strip the federal government of its top-tier credit rating.
Moody's Ratings downgraded the United States' long-term credit rating from Aaa to Aa1 and changed its outlook from "negative" to "stable." ?. The move marks the loss of the United States' last remaining top-tier rating from the three major credit agencies, as Moody's joins Fitch and S&P Global in grading the U.S. below the highest "triple-A" level.
BlackRock Core Bond Trust (BHK) today announced that its Board of Trustees has approved the terms of the issuance of transferable rights to the holders of the Fund's common shares of beneficial interest as of May 27, 2025.
Shift4 Payments, Inc. (FOUR), a leader in integrated payments and commerce technology, today announced the completion of the previously announced offering of ?680 million aggregate principal amount of 5.500% senior notes due 2033 and tack-on offering of $550 million aggregate principal amount of 6.750% senior notes due 2032 by Shift4 Payments (FOUR), LLC and Shift4 Payments Finance Sub, Inc., subsidiaries of...
AM Best has downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb+? from ?bbb-? of Life Insurance Company of Louisiana. The ratings reflect LICOL?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, very limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of Austral Resseguradora S.A. and Austral Seguradora S.A. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb-? of Austral Participa??es S.A.. 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 ?bbb+? of Popular Life Re. The ratings reflect PLRe?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.
CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for April 2025. North American corporate CUSIP requests totaled 7,676 in April, which is down 9.1% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? rose 24.0% versus March totals.
Credit ratings agency Fitch on Thursday placed five Taiwanese life insurers under review for potential downgrades after a sharp surge in the Taiwanese dollar this month put stress on their balance sheets.
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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