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.
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.
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.
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.
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.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Southern Pioneer Property and Casualty Insurance Company. The ratings reflect Southern Pioneer?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.
?. Consort Healthcare Funding plc. GBP398,680,000 1.972per cent Index Linked. Guaranteed Secured Bonds due 2044. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 1,000.00 IS GBP 12.34. POOL FACTOR.
Santander Holdings USA, Inc. announced its first sustainable bond offering on Sept. 6. Santander US is the first Santander Group entity to issue bonds of this kind, utilizing Santander Group?s recently released Green, Social & Sustainability Funding Global Framework.
Estimates the UBS Funds? Boards Have Collectively Spent At Least $4 Million of Shareholders? Capital to Try to Thwart Necessary Change Highlights the Significant Decline of the Funds? Respective Net Asset Values Under the Incumbent Boards? Watch Reiterates Unwavering Commitment to Improving Governance and Unlocking Value Across the Funds, No Matter the Cost or Time Required SAN JUAN, Puerto Ric...
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Jet Insurance Company. The ratings reflect Jet?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 Long-Term Issuer Credit Rating of Sompo International Holdings Ltd. from ?a? to ?a-?. The downgrade is to harmonize the intermediate holding company Credit Ratings of SIH with the Financial Strength Ratings of Sompo Japan Insurance Inc. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings of ?a-?, which are guaranteed by SIH.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of C++, the Long-Term Issuer Credit Rating of ?b+?, and the Mexico National Scale Rating of ?bbb.MX? of BUPA M?xico, Compa??a de Seguros, S.A. de C.V.. The Credit Ratings reflect Bupa Mexico?s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, l...
AM Best has downgraded the Financial Strength Rating to C from B- and the Long-Term Issuer Credit Rating to ?ccc? from ?bb-? of Milli Reasurans Turk Anonim Sirketi. The ratings reflect Milli Re?s balance sheet strength, which AM Best assesses as very weak, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
AM Best has affirmed the Financial Strength Ratings of A and the Long-Term Issuer Credit Ratings of ?a+? of Ascot Bermuda Limited, as well as Ascot Insurance Company, Ascot Specialty Insurance Company and Ascot Surety & Casualty Company.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of ?aa+? of Samsung Fire & Marine Insurance Co., Ltd. and also affirmed the FSR A- and the Long-Term ICR of ?a-? of PT Asuransi Samsung Tugu.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Grange Life Insurance Company. The ratings of Grange Life reflect its balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of ?a? to Life Alliance Reassurance Corporation. The ratings reflect AAA Life Group?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 affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Sompo Seguros Mexico, 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 ?a-? of BCBSM, Inc., d/b/a Blue Cross Blue Shield of Minnesota, and its subsidiary, HMO Minnesota, d/b/a Blue Plus.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Sompo Japan Insurance Inc. and its subsidiaries. The ratings reflect SJ?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favourable 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 East Africa Reinsurance Company Limited. The ratings reflect EARe?s balance sheet strength, which AM Best assesses as very 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 B++ and the Long-Term Issuer Credit Rating of ?bbb+? of The New India Assurance Company Limited. The ratings reflect New India?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable 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 Net Insurance S.p.A.. The outlook of these Credit Ratings is stable. The ratings reflect Net Insurance?s balance sheet strength, which AM Best assesses as adequate, 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++ 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 marginal enterprise risk management.
Reinsurance Group of America, Incorporated (RGA) announced today that it has priced an aggregate principal amount of $700 million of 7.125% fixed-rate reset subordinated debentures due 2052 pursuant to a public offering.
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 Compa??a Reaseguradora del Ecuador S.A.. The ratings reflect Ecua 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 ma...
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Co-operative Life Limited. The ratings reflect Co-op Life?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.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to CL Life and Annuity Insurance Company. The ratings reflect CL 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.
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 Guardian Insurance Company, Inc.. The Credit Ratings reflect Guardian?s balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk man...
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America and New York Life Group Insurance Company of NY. All companies are referred to as New York Life and headquartered in New York, NY. AM Best also has affirmed the Long...
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 Stewart Title Guaranty de M?xico, S.A. de C.V.. The outlook of these Credit Ratings is stable.
Matador Resources Company (MTDR) today announced recent upgrades by Moody?s Investors Service to the Company?s corporate credit rating and senior unsecured notes and $30 million in additional purchases of the Company?s outstanding senior notes.
Alnylam Pharmaceuticals, Inc. (ALNY), the leading RNAi therapeutics company, announced today the pricing of its previously announced private offering of $900 million aggregate principal amount of 1.00% convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Hercules Capital, Inc. (HTGC), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. has reaffirmed Hercules? investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing ...
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $1,250,000,000 aggregate principal amount of its 5.200% Senior Notes due 2033, $1,000,000,000 aggregate principal amount of its 5.650% Senior Notes due 2053 and $750,000,000 aggregate principal amount of its 5.800% Senior Notes due 2062 in a registered public offering.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, plans to offer, subject to market and other conditions, senior notes in a registered public offering. Barclays Capital Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the joint book-running managers for the offering of the notes.
Alnylam Pharmaceuticals, Inc. (ALNY), the leading RNAi therapeutics company, announced today that it has commenced a private offering of $900 million aggregate principal amount of convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Newell Brands (NWL) today announced the public offering of $500 million aggregate principal amount of 6.375% notes due 2027 and $500 million aggregate principal amount of 6.625% notes due 2029. Newell Brands (NWL) intends to use the net proceeds from the offering, together with available cash, to redeem or repurchase its outstanding 3.850% senior notes due 2023.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?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 affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Arabia Insurance Company ? Jordan. These Credit Ratings reflect AICJ?s balance sheet strength, which AM Best assesses as adequate, 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+ and the Long-Term Issuer Credit Rating of ?bbb-? of Arabia Insurance Company s.a.l.. The outlook of these Credit Ratings is negative. The ratings reflect AIC?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 Tokio Marine & Nichido Fire Insurance Co., Ltd. and its U.S. subsidiaries. The ratings reflect TMNF?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company, collectively referred to as AEL.
Wayfair Inc. (W) announced today the pricing of $600 million aggregate principal amount of 3.25% convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Hudson Pacific Properties, Inc. (HPP) , a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced that its operating partnership, Hudson Pacific Properties (HPP), L.P., has priced an underwritten public offering of $350.0 million aggregate principal amount of 5.950% senior no...
Analog Devices, Inc. (ADI) today announced that it has priced an underwritten public offering of $300,000,000 aggregate principal amount of 4.250% Senior Notes due October 1, 2032. The notes were priced at 99.360% of their principal amount. The offering is expected to close on or about September 15, 2022, subject to customary closing conditions.
AM Best has assigned the Long-Term Issue Credit Ratings of ?a? to the new yen-denominated senior unsecured notes of Aflac Incorporated (AFL) [NYSE: AFL], which total JPY 73 billion. Net proceeds are expected to be used to fund all or a portion of Aflac?s USD 750 million 3.625% senior unsecured notes due 2024, and the USD 450 million 3.25% senior unsecured notes due 2025.
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Element Insurance Company. The ratings reflect Element?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, very 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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