News Results

  1. Corrigendum (credit rating AA+) - Alvaro Lario, global finance executive, takes helm at UN's International Fund for Agricultural Development
    PR Newswire | 10/01/22 10:14 AM EDT

    ROME, Oct. 1, 2022 Development finance leader Alvaro Lario takes the helm of the UN's International Fund for Agricultural Development on Saturday with an urgent mission to battle poverty and hunger among the world's rural poor as they face existential threats of climate change and food insecurity.

  2. iShares? iBonds Dec 2022 Term Muni Bond ETF Nears Final Distribution Date
    Business Wire | 09/30/22 05:45 PM EDT

    BlackRock (BLK) announced today the planned termination of the iShares iBonds Dec 2022 Term Muni Bond ETF.

  3. BRIEF-Moody's Downgrades Ghana's Rating To Caa2 And Places It On Review For Downgrade
    Reuters | 09/30/22 05:44 PM EDT

    * MOODY'S DOWNGRADES GHANA'S RATING TO CAA2 AND PLACES IT ON REVIEW FOR DOWNGRADE. * MOODY'S DOWNGRADES GHANA'S RATING TO CAA2 AND PLACES IT ON REVIEW FOR DOWNGRADE. * MOODY'S SAYS GHANA'S RATING DOWNGRADE TO CAA2 REFLECTS RECENT MACROECONOMIC DETERIORATION, FURTHER HEIGHTENING GOVERNMENT'S LIQUIDITY.

  4. AM Best Affirms Credit Ratings of Markel Corporation and its Subsidiaries
    Business Wire | 09/30/22 04:24 PM EDT

    AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb+? of Markel Corporation, as well as its Long-Term Issue Credit Ratings. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of ?a+? of the members of State National Group. The outlook of these Credit Ratings is stable.

  5. AM Best Revises Outlooks to Negative and Affirms Credit Ratings of SCOR SE and Its Main Operating Subsidiaries
    Business Wire | 09/30/22 12:36 PM EDT

    AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of SCOR SE and its main operating subsidiaries.

  6. AM Best Affirms Credit Ratings of Hyundai Insurance (China) Co., Ltd.
    Business Wire | 09/30/22 10:26 AM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Hyundai Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HIC?s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.

  7. FirstService Increases Debt Funding Capacity and Flexibility With Existing Senior Unsecured Noteholders
    GlobeNewswire | 09/29/22 04:30 PM EDT

    FirstService Corporation (FSV) announced today that it has entered into two new revolving, uncommitted financing facilities for potential future private placement issuances of senior unsecured notes aggregating US$450 million with its existing lenders, NYL Investors LLC of up to US$150 million and PGIM Private Capital, the direct private debt and structured equity investment affiliate of PGIM, Inc., ...

  8. Moody's flags Oct 21 as crucial date for UK rating
    Reuters | 09/29/22 12:27 PM EDT

    Moody's top European analyst has flagged Oct. 21 as the next crucial date for Britain's credit rating following the firm's negative assessment this week of the government's new debt-fuelled spending plans.

  9. AM Best Affirms Credit Ratings of Beneficial Insurance Limited
    Business Wire | 09/29/22 10:00 AM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Beneficial Insurance Limited. The ratings reflect Beneficial?s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

  10. AM Best Withdraws Credit Ratings of Tower Hill Prime Insurance Company
    Business Wire | 09/28/22 04:21 PM EDT

    AM Best has downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb-? of Tower Hill Prime Insurance Company. The ratings reflect Tower Hill Prime?s balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and appropriate 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.

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