News Results

  1. AM Best Affirms Credit Ratings of Asian Reinsurance Corporation
    Business Wire | 05/20/22 10:06 AM EDT

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

  2. AM Best Affirms Credit Ratings of Global Indemnity Group, LLC and Its Subsidiaries
    Business Wire | 05/19/22 03:48 PM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long Term Issue Credit Rating of ?a? of the U.S. operating subsidiaries of Global Indemnity Group, LLC (GBLI) [NYSE: GBLI]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of Global Indemnity..

  3. AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated?s Senior Unsecured Notes
    Business Wire | 05/18/22 05:28 PM EDT

    AM Best has assigned Long-Term Issue Credit Ratings of ?a? to UnitedHealth Group Incorporated?s [NYSE: UNH] recently issued $600 million 3.7% senior unsecured notes, due 2027; $900 million 4% senior unsecured notes, due 2029; $1.5 billion 4.2% senior unsecured notes, due 2032; $2 billion 4.75% senior unsecured notes, due 2052; and $1.0 billion 4.95% senior unsecured notes, due 2062.

  4. AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
    Business Wire | 05/18/22 04:16 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.

  5. LTC Announces $75 Million Private Placement Debt Financing at 3.66%
    Business Wire | 05/18/22 09:30 AM EDT

    LTC Properties, Inc. (LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it entered into a Note Purchase Agreement to issue $75 million aggregate principal amount of 3.66% senior unsecured notes.

  6. AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Life Subsidiaries
    Business Wire | 05/18/22 09:11 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the primary life insurance subsidiaries of Protective Live Corporation, collectively known as Protective Life.

  7. BlackRock Projects Global Bond ETF Assets to Reach $5 Trillion by 2030
    Business Wire | 05/18/22 08:00 AM EDT

    Faster investor adoption and novel bond ETF applications driving 23% annual growth rate Despite the most challenging fixed income market in decades, BlackRock (BLK) projects that global bond exchange-traded funds assets under management will triple to $5 trillion by 2030.1 The extreme market volatility in the early days of the pandemic reinforced the versatility of bond ETFs.

  8. FCPT Announces Investment Grade Rating from Moody?s Investor Service
    Business Wire | 05/16/22 04:48 PM EDT

    Four Corners Property Trust (FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties today announced that the Company has received an inaugural Investment Grade rating from Moody?s Investor Service of Baa3: stable outlook on its senior unsecured revolving and term loan facility.

  9. FRN Variable Rate Fix
    Business Wire | 05/16/22 01:01 PM EDT

    ?. Santander UK PLC. Series 66 GBP 1,000,000,000.00. Floating Rate Covered Bonds due 16 November 2022. Under EUR 35 billion Global Covered Bond Programme. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 2,136,975.34. POOL FACTOR.

  10. AM Best Downgrades Issuer Credit Rating of Republic Insurance Company (Cayman) Limited
    Business Wire | 05/13/22 03:00 PM EDT

    AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Republic Insurance Company Limited. The Credit Ratings reflect Republic Insurance?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.

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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