Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, announced that Moody?s Investors Service, has affirmed all ratings of Dime Community Bancshares, Inc. (DCOM) and Dime Community Bank. Moody?s affirmed the Bank?s long- term deposit rating of ?A3?. In addition, Moody?s affirmed the Company?s long-term issuer rating of ?Baa3.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Seguros Mexico S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Fianzas Mexico S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?a-? of W. R. Berkley Corporation (WRB) [NYSE: WRB] and all associated Long-Term Issue Credit Ratings and indicative Long-Term IRs for securities issued by W. R. Berkley (WRB). Concurrently, AM Best has assigned an FSR of A+ and a Long-Term ICR of ?aa-? to W. R. Berkley?s newly reinsured affiliate, Berkley Prestige Insurance Company.
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Net Insurance S.p.A.. The outlook assigned to these Credit Ratings is stable.
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.
Nuveen Corporate Income 2023 Target Term Fund (JHAA) has entered the wind-up period in anticipation of its termination date. The fund has the investment objective to provide a high level of current income and to return the fund?s original $9.875 net asset value to shareholders at termination. Under normal circumstances, the fund invests at least 80% of its managed assets in corporate debt securities.
MEXICO CITY, May 31, 2023 Grupo Bimbo S.A.B. de C.V.? announces the successful issuance in the Mexican market of Sustainability-linked Bonds for a total amount of approx. The?issuance?included two?series:?the?first?series of approx. The?Company?will?use?the?proceeds?from?this?offering primarily?to?repay bank debt,?to?continue?strengthening?its?financial?flexibility.
RenaissanceRe Holdings Ltd. (RNR/PF) announced today that it has agreed to sell in an underwritten public offering $750 million aggregate principal amount of 5.750% Senior Notes due 2033.
Credit ratings agency Moody's said on Wednesday it had affirmed Italian bank Monte dei Paschi di Siena's Ba2 deposit and B1 senior unsecured debt ratings and changed the outlook to positive from stable amid a restructuring.
Banca Monte dei Paschi di Siena SpA : * MOODY'S AFFIRMS BANCA MONTE DEI PASCHI DI SIENA S.P.A.'S DEPOSIT AND SENIOR UNSECURED DEBT RATINGS AND CHANGES OUTLOOK TO POSITIVE. * MOODY'S- HAS CHANGED THE OUTLOOK ON BANCA MONTE'S LT BANK DEPOSIT RATINGS AND LT SENIOR UNSECURED DEBT RATING TO POSITIVE FROM STABLE.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bb? from ?bb+? and affirmed the Financial Strength Rating of B of Arabia Insurance Company ? Jordan. The Credit Ratings reflect AICJ?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.
DUBLIN, May 31, 2023 On May 30, 2023, AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, each a wholly-owned subsidiary of AerCap Holdings N.V. (AER), priced an offering of senior notes, consisting of $1 billion aggregate principal amount of the Issuers' 5.750% Senior Notes due 2028 issued at a price to the public of 99.031%, resulting in a yield to maturity of 5.977...
Technology company ASML, which is one of the leading suppliers to the semiconductor industry, said on Tuesday that it had successfully placed a bond offering of senior notes for an amount of 1 billion euros.
ASML (ASML) successfully places bond offering for ?1 billion Veldhoven, the Netherlands, May 30, 2023 ? ASML Holding N.V. (ASML) today announces that it has successfully placed a bond offering of senior notes for a principal amount of ?1 billion. ASML (ASML) expects to use the net proceeds of the offering for general corporate purposes.
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Newpoint Reinsurance Company Limited . The outlook assigned to these Credit Ratings is stable.
Rating agency Moody's said on Tuesday that the readiness by Nigerian President Bola Tinubu to confront issues such as the removal of oil subsidies or the unification of its multiple exchange rates was "credit positive".
S&P GLOBAL RATINGS: * S&P GLOBAL RATINGS AFFIRMS EMIRATE OF ABU DHABI RATING TO AA/STABLE/A-1+ * EXPECTS THAT ABU DHABI'S FISCAL AND EXTERNAL POSITIONS WILL REMAIN STRONG OVER THE NEXT TWO YEARS, AMID CONTINUED PRUDENT POLICY MAKING AND THEIR HYDROCARBON SECTOR ASSUMPTIONS.
* * Team, senior management took "collective accountability" * Temasek did not detail the amount of compensation cut. By Urvi Manoj Dugar and Yantoultra Ngui.
Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange.
The cost of insuring exposure to a basket of European corporate junk bonds fell on Friday to its lowest level since March 10, data from S&P Global Market Intelligence showed. The iTraxx Europe Crossover index was down 11 basis points from Thursday's close to 426 bps.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Heartland National Life Insurance Company. The ratings reflect HNL?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
As the United States stares at the risk of a credit downgrade, former Standard & Poor's officials stood firm behind their seminal 2011 call to slash the country's rating as the right decision.
Ratings agency Fitch on Thursday put Fannie Mae and Freddie Mac's debt ratings on watch for a possible downgrade as U.S. lawmakers' talks to raise the government's debt ceiling dragged on. Fitch on Wednesday had warned that the United States' credit rating could be downgraded if a debt ceiling deal was not reached soon.
Tilray Brands Inc? shares are trading lower in Thursday's after-hours session after the company?announced an offering. What Happened:?Tilray said it had commenced a registered offering of $150 million worth of convertible senior notes due in 2027.
NEW YORK, May 25, 2023 BGC Partners, Inc. (BGCP) today announced the closing of its offering of $350.0 million aggregate principal amount of 8.000% senior notes on May 25, 2023. The notes are general senior unsecured obligations of BGC. The notes were offered and sold in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the members of Athene Group. The ratings reflect Athene?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.
AM Best has assigned a Long-Term Issue Credit Rating of ?a+? to the new $750 million, 5.45% 30-year senior unsecured notes due May 25, 2053, recently issued by The Travelers Companies, Inc. (TRV) [NYSE: TRV]. The outlook assigned to this Credit Rating is stable. The proceeds from the sale of the notes will be used for general corporate purposes.
AM Best has assigned a Long-Term Issue Credit Rating of ?a? to the recently announced $500 million of 4.95% senior unsecured notes, due 2033, issued by The Progressive Corporation [NYSE: PGR]. The outlook assigned to this Credit Rating is stable.
The United States was put on review for a downgrade by credit rating agency DBRS Morningstar on Thursday over Washington's debt ceiling haggling, shortly after a similar warning from Fitch. "The Under Review with Negative Implications reflects the risk of Congress failing to increase or suspend the debt ceiling in a timely manner," DBRS said in a statement.
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues to hang over global markets, with the White House and Republicans both citing progress in the latest round of talks but no breakthrough yet. Ratings agency Fitch opted not to wait, placing the country's "AAA" rating on watch for a possible downgrade - the first major agency to do so.
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues to hang over global markets, with the White House and Republicans both citing progress in the latest round of talks but no breakthrough yet. Ratings agency Fitch opted not to wait, placing the country's "AAA" rating on watch for a possible downgrade - the first major agency to do so.
U.S. markets ended in the red on Wednesday as the debt ceiling stand-off continued without any resolution. Fitch Ratings has placed the United States ?AAA? long-term foreign-currency issuer default rating on Rating Watch Negative.
Ratings agency Fitch put the United States' credit on watch for a possible downgrade on Wednesday, raising the stakes as talks over the country's debt ceiling go down to the wire, and adding to the jitters in global markets.
Seagate Technology Holdings Plc (STX) : * SEAGATE ANNOUNCES PRICING OF $1 BILLION OF SENIOR UNSECURED NOTES. * SUBSIDIARY OF CO ANNOUNCED THAT IT PRICED OFFERING OF $500 MILLION PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2029. * SUBSIDIARY OF CO ANNOUNCED THAT IT PRICED OFFERING OF $500 MILLION DUE 2031.
Ratings agency Fitch said on Wednesday it has placed its "AAA" long-term foreign currency ratings on the United States of America on rating watch with negative implications.
KBRA assigns a senior unsecured debt rating of BBB with a Stable Outlook to the senior unsecured notes issued by BGC Partners, Inc. (BGCP). The notes are scheduled to mature on May 25, 2028.
The Investment Company Institute reported investors pulled another $137 million out of municipal bond mutual funds in the week ending May 17, after $290 million of outflows the previous week.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Aseguradora General, S.A.. The outlook of the FSR is stable while the Long-Term ICR outlook is positive.
Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling negotiations could prompt a change in its assessments of the U.S. credit outlook before a potential default, a senior analyst said. Investors use credit ratings as one of the metrics to establish the risk profiles of governments and companies.
Citigroup, Inc.? and?Deutsche Bank AG? have reportedly exchanged "sensitive" information on the pricing of U.K. government bonds. Price Action:?C shares are trading lower by 0.46% to $45.70 premarket on the last check Wednesday, while DB shares were down by 0.75% to $10.52.? ?
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Qatar General Insurance & Reinsurance Company QPSC. The ratings reflect QGIRC?s consolidated 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.
S&P Global Ratings cut SoftBank Group Corp's (SFTBF) long-term rating deeper into junk territory on Tuesday, leading the Japanese tech investment conglomerate to question the downgrade. S&P lowered SoftBank's rating to BB from BB-plus, citing SoftBank's exposure to unlisted companies that are susceptible to changes in the external environment.
ST. LOUIS, May 23, 2023 Ameren Illinois Company, a subsidiary of Ameren Corporation (AEE), announced today the pricing of a public offering of $500 million aggregate principal amount of 4.95% first mortgage bonds due 2033 at 99.696% of their principal amount.
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