CoreWeave, Inc. (CRWV) today announced its intention to offer, subject to market and other conditions, $2 billion aggregate principal amount of its convertible senior notes due 2031 in a private offering.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Aseguradora Agricola Comercial, S.A.. The outlook of these Credit Ratings is stable. The ratings reflect ACSA?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization.
AM Best has upgraded Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Ikal Insurance Company AG. The ratings reflect Ikal?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.
Fastly, Inc. (FSLY) today announced the pricing of its offering of $160,000,000 aggregate principal amount of 0% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Fastly.
Mercado Libre announces the successful issuance of its 2033 senior unsecured notes for a total amount of USD 750 million. ?We are very pleased with the outcome of this transaction, which reinforces investor support for our strategy and reflects the strength of our business model, financials and cash flow generation.
AM Best has affirmed the Financial Strength Rating of A, the Long-Term Issuer Credit Rating of ?a+? and the Mexico National Scale Rating of ?aaa.MX? of Seguros Inbursa, S.A. Grupo Financiero Inbursa.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Kansas City Life Insurance Company [OTCQX: KCLI]. At the same time, AM Best downgraded the FSR to B+ from B++ and the Long-Term ICR to ?bbb-? from ?bbb? of Grange Life Insurance Company.?The outlook of these Credit Ratings is negative.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?a+? from ?a? and affirmed the Financial Strength Rating of A and the Mexico National Scale Rating of ?aaa.MX? of Tokio Marine HCC Mexico Compa??a Afianzadora, S.A. de C.V.. AM Best has revised the outlooks to stable from negative for the Long-Term ICR and FSR.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb+? of Nazareth Mutual Insurance Company.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of El Aguila, Compa?ia de Seguros, S.A. de C.V.. 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 the pooled members of Selective Insurance Group (SIGI). The ratings reflect Selective?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable 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 ?bbb-? of Continental Reinsurance Plc, a wholly owned subsidiary of Continental Reinsurance Holdings Limited, the operating holding company of the Continental Re group.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Vietnam National Scale Rating of aaa.VN of Bao Minh Insurance Corporation. These ratings reflect BMI?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.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Mongolian National Reinsurance JSC. The ratings reflect Mongolian Re?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.
Step strengthens Louisiana?s role in U.S. energy leadership and advances project finance process for biomass?to?fuel facility DevvStream Corp. (DEVS), a leading carbon management and environmental-asset monetization firm, and Southern Energy Renewables Inc., a U.S.-based producer of low-cost fuels made from biomass, with a flagship Louisiana project that plans to utilize regional wood-waste biom...
Baxter International Inc. (BAX) today announced the early tender results for the previously announced cash tender offers for the 2026 Notes and 2027 Notes. The tender offers comprise Baxter?s offer to purchase for cash any and all of its 2.600% senior unsecured notes due 2026 and a portion of its 1.915% senior unsecured notes due 2027 in an aggregate purchase price up to $600 million.
ZUG, Switzerland---- Galderma Group AG (GDERF), the pure-play dermatology category leader, today announced that S&P Global Ratings has assigned the company a ?BBB? long-term issuer credit rating with a positive outlook. The rating reflects Galderma?s strong track record of growth and its leading positions across Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology.
Shift4 Payments, Inc. (FOUR), a leader in integrated payments and commerce technology, today announced that its subsidiaries, Shift4 Payments (FOUR), LLC and Shift4 Payments Finance Sub, Inc., have priced an offering of ?435 million aggregate principal amount of 5.500% senior notes due 2033.
Avolon Holdings Limited, a leading global aviation finance company, announces the pricing of a private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$850 million of 4.700% senior unsecured notes due 2031. The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries.
Essex Property Trust, Inc. (ESS) announced today that its operating partnership, Essex Portfolio, L.P., priced an underwritten public offering of $350.0 million aggregate principal amount of 4.875% senior notes due 2036.
Celanese Corporation (CE), a global chemical and specialty materials company, today announced that its subsidiary, Celanese US Holdings LLC, has priced a registered offering of $1.4 billion aggregate principal amount of notes, including $600 million aggregate principal amount of 7.000% Senior Notes due 2031 and $800 million aggregate principal amount of 7.375% Senior Notes due 2034.
Fastly, Inc. (FSLY) today announced its intention to offer, subject to market and other conditions, $125.0 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa-? from ?a+? of the property/casualty subsidiaries of CNA Financial Corporation (CNA) [NYSE: CNA], collectively known as CNA Insurance Companies, and the members of Western Surety Group. CNA is considered the lead rating unit in the CNAF enterprise.
$300 million in debentures will be due in 2055 Wisconsin Power and Light Company, a wholly owned subsidiary of Alliant Energy Corporation (LNT), announced the pricing of its public offering of $300 million aggregate principal amount of 5.700% debentures due 2055.
Herc Holdings, Inc. (HRI) today announced that it has priced $600 million aggregate principal amount of 5.750% senior unsecured notes due 2031 and $600 million aggregate principal amount of 6.000% senior unsecured notes due 2034 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended.
Ventas, Inc. (VTR) announced today that its wholly owned subsidiary, Ventas Realty, Limited Partnership, has priced an underwritten public offering of $500.0 million aggregate principal amount of 5.000% Senior Notes due 2036 at an issue price equal to 99.510% of the principal amount of the Notes.
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 $850.0 million. Barclays Capital Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC, Santander US Capital Markets LLC and TD Securities LLC are acting as Joint Book-Running Managers for the offering.
Herc Holdings, Inc. (HRI) today announced that it intends to offer $1,200 million aggregate principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, subject to market and other conditions.
Shift4 Payments, Inc. (FOUR), a leader in integrated payments and commerce technology, today announced that its subsidiaries, Shift4 Payments (FOUR), LLC and Shift4 Payments Finance Sub, Inc., are proposing to offer ?435,000,000 aggregate principal amount of their 5.500% senior notes due 2033 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Exelon Corporation (EXC) announced the pricing of its offering of $900 million aggregate principal amount of its 3.25% convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended.
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced today that Fitch Ratings has assigned IBP a first-time Long-Term Issuer Default Rating of ?BB+?. Fitch has also assigned a ?BBB-? rating with a Recovery Rating of ?RR1? to IBP?s ABL credit facility, a ?BBB-?/?RR2? rating to its senior secured term loan, and a ?BB+?/?RR4?...
Morningstar DBRS assigned initial credit ratings to FVCBankcorp, Inc. (FVCB), including a Long-Term Issuer Rating of BBB with a Stable trend. ?We are extremely pleased to have been assigned initial investment grade credit ratings from Morningstar DBRS for both the Company and the Bank.
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?a+? from ?a? and affirmed the Financial Strength Rating of A of Group Ark Insurance Limited. The ratings reflect Ark?s consolidated 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.
Thermo Fisher Scientific Inc. (TMO) announced today that it has priced an offering of ?2.1 billion aggregate principal amount of the following euro-denominated notes, which will be issued by Thermo Fisher Scientific B.V., its indirect, wholly-owned finance subsidiary: The Offering is expected to close on or about December 1, 2025, subject to the satisfaction of customary closing conditions.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb+? and the Long-Term Issue Credit Ratings of Markel Group Inc.. AM Best also has affirmed the Financial Strength Rating of A and the Long-Term ICRs of ?a+? of all the members of the Markel North America Insurance Group.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Catholic Order of Foresters. The Credit Ratings reflect COF?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate 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 Tanzania Reinsurance Company Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect TAN RE?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Aviva Insurance Limited.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Meritz Fire & Marine Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Meritz?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.
Bowhead Specialty Holdings Inc. (BOW) today announced that it priced a public offering of $150 million aggregate principal amount of its 7.750% Senior Notes due 2030. The Company intends to use the net proceeds of this offering to make capital contributions to our insurance company subsidiary to grow our business and for other general corporate purposes.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Global Protection Reinsurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect GPR?s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Mexico National Scale Rating of ?aa.MX? of Auna Seguros, S.A.. The outlook of these Credit Ratings is stable.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of CTBC Insurance Company Ltd. These Credit Ratings reflect CTBC Insurance?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk ma...
?. ISIN Code. Our Ref. ISSUE NAME. 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. INTEREST PERIOD. VALUE DATE. INTEREST RATE. NUM OF DAYS. DAY BASIS. CURRENCY CODE. INTEREST AMT PER DENOM. EUR 1,000.00 IS EUR 6.44. POOL FACTOR.
Baxter International Inc. (BAX) today announced that it has increased the maximum purchase price for its $1.45 billion aggregate principal amount outstanding of 1.915% Senior Unsecured Notes due 2027 that it can repurchase under its previously announced cash tender offer for the 2027 Notes from $300 million to $600 million, on the terms and subject to the conditions set forth in the related Offer to ...
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of the life/health subsidiaries of Delphi Financial Group, Inc.: Reliance Standard Life Insurance Company and First Reliance Standard Life Insurance Company. Concurrently, AM Best has affirmed the Long Term ICR of ?a+? and the Long-Term Issue Credit Rating of ?a-? of DFG.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of ZEP-RE. The ratings reflect ZEP-RE?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.
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.
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