Tidewater Inc. (TDW) today announced the pricing of its previously announced private offering of $650 million in aggregate principal amount of unsecured senior notes due 2030. The sale of the 2030 Notes to the initial purchasers is expected to settle on July 7, 2025, subject to customary closing conditions.
CHANHASSEN, Minn. Additionally, on June 18, 2025, prior to the completion of the sale-leaseback transaction, S&P Global Ratings upgraded the Company's issuer credit rating to 'BB-' from 'B+'. Due to this ratings upgrade and the existing 'BB-' issuer rating from Fitch Ratings, Life Time's credit facility margin improved by 25 basis points effective June 19, 2025.
AM Best has assigned Long-Term Issue Credit Ratings of ?a? to UnitedHealth Group Incorporated?s [NYSE: UNH] recently issued senior unsecured notes. The proceeds from UnitedHealth Group?s recent $3 billion debt issuance are expected to be used for general corporate purposes, including repayment of short-term borrowings, commercial paper and/or upcoming debt maturities.
The triple A ratings of Harvard and other U.S. Ivy League colleges should be able to withstand all but the most extreme and coordinated tax and endowment fund threats posed by Donald Trump's U.S. administration, S&P Global has said. Trump and Harvard have been battling over the president's allegations of on-campus anti-Semitism.
The triple A ratings of Harvard and other U.S. Ivy League colleges should be able to withstand all but the most extreme and coordinated tax and endowment fund threats posed by Donald Trump's U.S. administration, S&P Global has said. Trump and Harvard have been battling over the president's allegations of on-campus anti-Semitism.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb+? to Interplus Re Limited. The ratings reflect Interplus? balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa? from ?a+? of MS Transverse Specialty Insurance Company, MS Transverse Insurance Company and TRM Specialty Insurance Company, collectively referred to as MS Transverse Insurance Group.
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 these Credit Ratings is stable. The ratings reflect AGen?s balance sheet strength, which AM Best assesses as strongest, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Veterinary Professional Insurance Society Incorporated. The ratings reflect VPIS? balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
BlackRock Core Bond Trust (BHK) today announced the successful completion of its transferable rights offer which expired on June 18, 2025. As a result of high investor demand, the Offer was over-subscribed, and the Fund will exercise the over-subscription privilege. "We are very pleased with the results of the BHK rights offering.
Franklin BSP Realty Trust, Inc. (FBRT) today announced that through its operating partnership, FBRT OP LLC, it has successfully issued, in a private offering, $107 million aggregate principal amount of unsecured senior notes, consisting of $82 million of 8.25% unsecured senior notes due 2030 and $25 million of floating rate unsecured senior notes due 2028, with an initial coupon of approximately 8.33%...
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 ICRs of ?bbb? of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, which together make up the two pool members of Florida Family Group.
Darling Ingredients Inc. (DAR), the world?s leading company turning food waste into sustainable products and producer of renewable energy, today announced the pricing of an offering of ?750 million in aggregate principal amount of 4.5% senior notes due 2032.
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of Soci?t? Tunisienne de R?assurance. The Credit Ratings reflect Tunis Re?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.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Indonesia National Scale Rating of aaa.ID of PT Asuransi Astra Buana. The ratings reflect Asuransi Astra?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
Elon Musk?s?AI venture,?xAI, is reportedly on the brink of securing?a $5 billion debt raise, led by?Morgan Stanley, despite modest investor interest. What Happened:?The $5 billion debt offering?comprising a floating-rate term loan, a fixed-rate loan, and secured bonds?is scheduled to be allocated to investors on Wednesday, reported Reuters, citing sources.
Whitecap Resources Inc (SPGYF): * WHITECAP RESOURCES ANNOUNCES $300 MILLION OFFERING OF SENIOR NOTES. * Whitecap Resources Inc (SPGYF): PRICED AN OFFERING OF $300 MILLION PRINCIPAL AMOUNT OF 3.761% SENIOR UNSECURED NOTES DUE JUNE 19, 2028 Source text: Further company coverage:
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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