AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company.
AM Best has upgraded the Long-Term Issuer Credit Ratings to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Nassau Life Insurance Company, Nassau Life and Annuity Company and Nassau Life Insurance Company of Kansas.
AM Best has downgraded the Financial Strength Rating to B from B++ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb? of Momentum Life Limited. This rating action follows Momentum Life?s weakened current capital position and the material uncertainty related to the company?s future capital adequacy to support its operations.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of The Dai-ichi Life Insurance Company, Limited, the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc.. The outlook of these Credit Ratings is stable.
TEMPE, Ariz. and PRAGUE, Feb. 13, 2025 Gen Digital Inc. (GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, announced today that it is proposing to sell $1,100 million aggregate principal amount of senior notes due 2033 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Stellantis NV (STLA): * LEASYS PRICES EURO 500 MILLION EURO MEDIUM TERMS NOTE PROGRAMME ISSUANCE. * UNSECURED SENIOR DEBT SECURITIES DUE AUGUST 2027, WITH FIXED RATE COUPON SET AT 2.875% Source text: https://tinyurl.com/895tw5ua Further company coverage:
Mexican breadmaker Grupo Bimbo on Wednesday announced a bond issuance on the local market for 15 billion pesos, in two series maturing in three and seven years. Bimbo said it would use the proceeds from the debt offering, which was met with a demand of some 22 billion pesos, for regular operations including investments, working capital and refinancing of liabilities.
AM Best has downgraded the Financial Strength Rating to B from B + and the Long-Term Issuer Credit Rating to ?bb? from ?bbb-? of Universal North America Insurance Company. The ratings reflect UNAIC?s balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Soci?t? Centrale de R?assurance. The ratings reflect SCR?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
* STATE OF ISRAEL FILES PRICING TERM SHEET RELATED TO OFFERING OF US$2.5 BILLION 5.375% BONDS DUE 2030, US$2.5 BILLION 5.625% BONDS DUE 2035 -SEC FILING Source text: Further company coverage: [ ]
THOMASVILLE, Ga., Feb. 11, 2025 Flowers Foods, Inc. (FLO) today announced the pricing of the public offering of? $500 million aggregate principal amount of 5.750% Senior Notes due 2035 and $300 million aggregate principal amount of 6.200% Senior Notes due 2055.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the $500 million, 8.125% surplus notes, due February 2045, issued by CSAA Insurance Exchange. The surplus notes are intended to support the company?s capital in anticipation of further premium growth and provide an additional layer of protection for catastrophic events, as well as enhance CSAA?s financial flexibility.
CALGARY, AB, Feb. 11, 2025 Vermilion Energy Inc. (VET) announces the closing of the previously announced private offering of US$400 million aggregate principal amount of eight-year senior unsecured notes.
?. Santander UK PLC. Issue of EUR 500,000,000.00. Floating Rate Covered Bonds due May 2027. Series 87 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 3,344,916.67. POOL FACTOR.
The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if U.S. President Donald Trump slashed his country's support for them, credit rating agency Moody's has warned.
The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if U.S. President Donald Trump slashed his country's support for them, credit rating agency Moody's has warned, adding such a move was unlikely.
Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced the launch of intraday price updates and bond analytics data for Canadian fixed income securities through an agreement with CanDeal DNA, a premier source for Canadian fixed income and OTC derivatives pricing and analytics data.
Transaction included redemption of $2.03 billion 10.375% Senior Priority Notes? MIAMI, Feb. 7, 2025 /PRNewswire/ -- Carnival Corporation (CCL) &?plc? today announced that Carnival Corporation (CCL) has closed its previously announced private offering of $2.0 billion aggregate principal amount of 6.125% senior unsecured notes due 2033.
Fitch: * FITCH REVISES GUATEMALA'S OUTLOOK TO POSITIVE; AFFIRMS RATING. * FITCH: US TRADE PROTECTIONISM, MIGRATION POLICIES ARE SOURCE OF UNCERTAINTY, BUT EXPECTS GUATEMALA TO AVOID NEGATIVE SCENARIOS. * FITCH: GUATEMALA OUTLOOK REFLECTS EXPECTATIONS OF GROWTH MOMENTUM & STABILITY, POLICY PRUDENCE, CURRENT ACCOUNT SURPLUSES SUPPORTING EXTERNAL BUFFERS Source text:
AM Best has revised the outlooks of the Long-Term Issuer Credit Ratings to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term ICRs of ?a+? of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life & Annuity Company of New York.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the operating subsidiaries of PartnerRe Ltd.. Concurrently, AM Best has affirmed the Long-Term ICR of ?a-? of PartnerRe Ltd.. The outlook of 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 Cov?a Coop?rations, the intermediate operating holding company of Soci?t? de Groupe d?Assurance Mutuelle Cov?a, a leading mutual insurance group in France.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Transatlantic Reinsurance Company and its subsidiaries.
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb+? of Topa Insurance Company and its subsidiary, Dorchester Insurance Company, Ltd.. These companies are wholly owned subsidiaries of Topa Equities, Ltd. and collectively referred to as Topa Insurance Group.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Well Link Life Insurance Company Limited. The ratings reflect Well Link Life?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.
Office Properties Income Trust (OPI) today announced that it is offering noteholders the option to exchange their outstanding senior unsecured notes due 2026, 2027 and 2031 for new 8.000% Senior Priority Guaranteed Unsecured Notes due 2030 and related guarantees pursuant to the terms and conditions set forth in an Offering Memorandum dated as of February 7, 2025.
AMSTERDAM, Feb. 7, 2025 TrueNoord Limited, the specialist regional aircraft lessor, announces the successful pricing of US$400 million aggregate principal amount of its 8.750% senior unsecured notes due 2030 in a private offering by its wholly owned subsidiary, TrueNoord Capital Designated Activity Company.
MONTEVIDEO, Uruguay, Feb. 7, 2025 The Republic of Uruguay previously announced an offer to purchase for cash its bonds of each series of Global Bonds listed in the table below, subject to the terms and conditions contained in the Offer to Purchase, dated Thursday, February 6, 2025?. Uruguay has instructed J.P. Morgan Securities LLC, to accept subject to proration and other terms and conditions ...
- U.S. drugstore chain Walgreens Boots Alliance (WBA) said on Thursday it has sold more shares in drug distributor Cencora (COR) for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora (COR), trimming it down from 10% it previously held.
U.S. drugstore chain Walgreens Boots
Alliance (WBA) said on Thursday it has sold more shares in drug distributor Cencora (COR) for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora (COR), trimming it down from 10% it previously held.
FINDLAY, Ohio, Feb. 6, 2025 Marathon Petroleum Corporation (MPC) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1.1 billion aggregate principal amount of 5.15% senior notes due 2030 and $900 million aggregate principal amount of 5.70% senior notes due 2035.
Essex Property Trust, Inc. (ESS) announced today that its operating partnership, Essex Portfolio, L.P., priced an underwritten public offering of $400 million aggregate principal amount of 5.375% senior notes due 2035.
Congressional Republicans emerged from a five-hour meeting with President. Donald Trump. on Thursday without having reached an deal on how to extend his sweeping tax cuts, though senior lawmakers said they believed they were close to agreement.
TransMontaigne Partners LLC today announced that it has priced its offering of $500 million aggregate principal amount of 8.500% senior unsecured notes due 2030 at an issue price of 100% in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb? of ACMAT Corporation (ACMT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A and the Long-Term ICR of ?a? of ACMAT?s wholly owned subsidiary, ACSTAR Insurance Company.
LEXINGTON, Ky., Feb. 6, 2025 Mountain Life Insurance Company is pleased to announce that it has received an upgrade of its Financial Strength Rating to B+ and its Long-Term Issuer Credit Rating to "bbb-" by AM Best.
AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of B and the Long-Term ICRs of ?bb? of First Chicago Insurance Company and United Security Insurance Company.
Healthpeak Properties Inc (DOC): * HEALTHPEAK PRICES OFFERING OF $500.0 MILLION OF 5.375% SENIOR UNSECURED NOTES DUE 2035 Source text: Further company coverage:
AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to B from B++ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb? of Connecticut Attorneys Title Insurance Company.
Healthpeak Properties, Inc. (DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today that its operating company, Healthpeak OP, LLC, has priced a public offering of $500.0 million aggregate principal amount of 5.375% senior unsecured notes due 2035.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM Group.
Regulatory News: Median Technologies , a leading developer of eyonis?, a suite of artificial intelligence powered Software as a Medical Device for early cancer diagnostics, and a globally leading provider of AI-based image analyses and imaging services for oncology drug developers, announced that, on January 23, 2025, the Company signed a financing agreement with Iris in the form of bonds redee...
The U.S. move to freeze billions in financial aid boosts the need for New York State to alter a law in support of countries struggling to pay back debt, Nobel Prize laureate Joseph Stiglitz told Reuters.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb? to Mohandes Insurance Company. The ratings reflect Mohandes? balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal 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.