AM Best has downgraded the Financial Strength Rating to A+ from A++ and the Long-Term Issuer Credit Ratings to ?aa? from ?aa+? of State Farm Mutual Automobile Insurance Company and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas, collectively referred to as State Farm Group.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb+? to MG Insurance Company. The ratings reflect MGIC?s 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 affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Knights of Columbus. The ratings reflect the Order?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 assigned a Long-Term Issue Credit Rating of ?bbb? to the recently announced CAD 150 million, 5.5% non-cumulative preferred stock issued by Intact Financial Corporation. The net proceeds of the offering are expected to be used by Intact for general corporate purposes. This press release relates to Credit Ratings that have been published on AM Best?s website.
?. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bonds due May 2028. Series No 93 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. GBP 11,373,972.6. POOL FACTOR.
Gartner, Inc. (IT) announced today that it priced its registered public offering of $800 million aggregate principal amount of its senior notes, consisting of $350 million principal amount of 4.950% Senior Notes due 2031 at an issue price of 99.970% and $450 million principal amount of 5.600% Senior Notes due 2035 at an issue price of 99.992%. Gartner (IT) anticipates that the Offering will be completed ...
Graham Holdings Company (GHC) today announced the pricing of $500 million in aggregate principal amount of its senior unsecured notes due 2033. The Notes will have a coupon of 5.625% per annum, payable semi-annually on June 1 and December 1, beginning on June 1, 2026.
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B and the Long-Term ICR of ?bb+? of SILAC Insurance Company.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of AuguStar Life Insurance Company and its wholly owned subsidiary, AuguStar Life Assurance Corporation.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of Hiscox Insurance Company Limited, Hiscox Insurance Company Limited, Hiscox Insurance Company Limited and Hiscox Insurance Company Inc.. At the same time, AM Best has affirmed the Long-Term ICR of ?bbb+? of Hiscox Ltd, the ultimate non-operating holding company of the Hiscox group of compan...
Arch Mortgage Insurance Company announced it has obtained over $249 million of indemnity reinsurance on a pool representing approximately $54.2 billion of mortgages from Bellemeade Re 2025-1 Ltd., a special purpose reinsurer. The coverage was obtained by issuing approximately $199 million in bonds and $50 million in direct reinsurance.
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 Fubon Insurance Vietnam Co., Ltd.. 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 Ratings of ?bbb+? of Kansas Medical Mutual Insurance Company and its subsidiary, KAMMCO Casualty Company, Inc. These companies are collectively referred to as Kansas Medical Mutual Group or the group.
AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of Everen Specialty Ltd. and its affiliate, OCIL Specialty Ltd. Concurrently, AM Best has downgraded the Long-Term Issue Credit Rating to ?bbb-? from ?bbb? on the $200 million, 8.00% deferrable subordinated debentures, due 2034, of Everen Specialty.
AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa-? from ?a+? of Physicians Mutual Insurance Company and Physicians Life Insurance Company.
Gartner, Inc. (IT) announced today that it has commenced an offering of senior unsecured notes in a registered public offering under a shelf registration statement. J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and TD Securities LLC are acting as joint book-running managers for the Offering.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the key life/health subsidiaries of Globe Life Inc. (GL) [NYSE: GL]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb+? of Globe Life.
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 ?bbb? of Spheric Assurance Company, Ltd.. These Credit Ratings reflect Spheric?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk manag...
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? of National Farm Life Insurance Company. The ratings reflect National Farm Life?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.
Graham Holdings Company (GHC) today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior unsecured notes due 2033. Substantially concurrently with the offering of Notes, the Company intends to amend and restate its revolving credit facility, increasing the total commitments by lenders under such facility to $400 million.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the recently issued $300 million of 5.250% senior unsecured notes due Dec. 15, 2035, issued by Unum Group (UNM) [NYSE: UNM]. The outlook assigned to this Credit Rating is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Arab War Risks Insurance Syndicate. The ratings reflect AWRIS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
Enterprise Products Partners L.P. (EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $1.65 billion aggregate principal amount of notes comprised of $300 million principal amount of senior notes due June 20, 2028, $600 million principal amount of senior notes due January 15, 2031, and $750 million principal amount of senior notes due...
KBRA assigns a long-term credit rating of "BBB-" with Stable Outlook to $40 million, 8% notes Senior Unsecured Notes due 2030 issued by Obsidian Insurance Holdings, Inc.. The intended use of proceeds include retiring existing senior unsecured notes due 2025, supporting future premium growth and general corporate purposes.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to NPA Insurance Limited. The ratings reflect NPAI?s 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 downgraded the Financial Strength Rating to B+ from B++ and the Long-Term Issuer Credit Rating to ?bbb-? from ?bbb? of The Group Insurance Trust of the California Society of Certified Public Accountants.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re.
Regulatory News: WINAMP GROUP SA, owner of the Winamp platform, announces that the Luxembourg-based fund Hexagon Capital Fund has proceeded, on 6 November 2025, with a second subscription of 250 bonds issued by Winamp Group SA, each with a nominal value of ?1,000, representing a total amount of ?250,000.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of General Reinsurance Corporation and its core property/casualty and lifeinsurance subsidiaries operating in the United States and internationally.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Soci?t? Nationale d'Assurance. The ratings reflect SAA?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
DENVER---- Voyager Technologies, Inc. (VOYG) today announced the pricing of its offering of $435,000,000 aggregate principal amount of 0.75% 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 assigned indicative Long-Term Issue Credit Ratings of ?a-? to senior unsecured issues, ?bbb+? to subordinated issues, and ?bbb? to preferred stock to the recently filed shelf registration of Fairfax Financial Holdings Limited (FRFHF) [TSX:FFH]. The outlook assigned to these Credit Ratings is stable.
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Zhibao Labuan Reinsurance Company Limited. The ratings reflect Zhibao Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
BWX Technologies, Inc. (BWXT) announced today the pricing of its private offering of $1.1 billion aggregate principal amount of 0% Convertible Senior Notes due 2030 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Mattel, Inc. (MAT) announced today the pricing of its underwritten public offering of $600,000,000 aggregate principal amount of 5.000% Senior Notes due 2030. The Company intends to use the net proceeds of the Offering, together with cash on hand, to redeem all of its outstanding 3.375% Senior Notes due 2026, and to pay related fees and expenses.
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 ICR of ?bb? of Tower Bonding and Surety Co., Inc.. The outlook of the FSR is stable.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI.
DENVER---- Voyager Technologies, Inc. (VOYG) today announced its intention to offer, subject to market and other conditions, $300 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 affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of AzRe Reinsurance, OJSC. The ratings reflect AzRe?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.
Bristol Myers Squibb (BMY) today announced that it has priced a public offering of senior unsecured notes in a combined aggregate principal amount of ?5 billion. On November 3, 2025, Bristol Myers Squibb (BMY) commenced a tender offer to purchase, for cash, various series of its outstanding notes.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of HDFC International Life and Re Company Limited, a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited.
Guardant Health, Inc. (GH), a leading precision oncology company, today announced the pricing of its upsized offering of $350.0 million aggregate principal amount of 0% convertible senior notes due 2033 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 revised the outlook to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term ICR of ?a? of?Michigan Millers Mutual Insurance Company. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICR of ?aa-? of Western National Mutual Insurance Company and its affiliates, collectively known as Western National Insurance Pool.
Guardant Health, Inc. (GH), a leading precision oncology company, today announced its intention to offer $300.0 million aggregate principal amount of convertible senior notes due 2033 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.
Westlake Corporation (WLK) announced today that it has priced its previously announced underwritten public offering of $600,000,000 aggregate principal amount of senior unsecured notes due 2035 and $600,000,000 aggregate principal amount of senior unsecured notes due 2055 under its existing shelf registration statement.
KBRA assigns a rating of BBB to Crescent Capital BDC, Inc.'s (CCAP) $67.5 million, 5.87% senior unsecured notes due 2029, $50 million, 5.97% senior unsecured notes due 2029, and $67.5 million, 6.20% senior unsecured notes due 2031.
Westlake Corporation (WLK) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors.
NEW YORK---- IMAX Corporation (IMAX) today announced the pricing of $220,000,000 aggregate principal amount of 0.75% convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws.
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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