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 Dentegra Seguros Dentales, S.A.. The outlook of these Credit Ratings is stable.
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb+? of the two operating subsidiaries of Nagico Holdings Limited ? National General Insurance Corporation N.V. and Nagico Insurance Company Limited.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Eurasia Insurance Company JSC. The ratings reflect Eurasia?s balance sheet strength, which AM Best assesses as strong, as well as the company?s strong operating performance, neutral business profile and appropriate enterprise risk management.
AM Best has affirmed the Long-Term Issue Credit Rating of ?a-? on the $750 million, 5.3% senior unsecured notes, due December 2034, of MetLife, Inc. [NYSE: MET]. The outlook of this Credit Rating is stable. The rating applies to the recently issued $250 million, 5.3% senior unsecured notes, due 2034, and its existing $500 million, 5.3% senior unsecured notes, due 2034, issued June 5, 2024.
AM Best has assigned a Long-Term Issue Credit Rating of ?aa+? to the $500 million, 4.35% senior secured medium-term notes, due Sept. 17, 2031, issued by MassMutual Global Funding II.. MassMutual?s leverage and interest coverage ratios are within AM Best?s guidelines for its ratings. This press release relates to Credit Ratings that have been published on AM Best?s website.
AM Best has revised the outlooks to stable from negative 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]. Additionally, AM Best has revised the outlook of the Long-Term ICR to stable from negative and affirmed the FSR of B++ and the Long-Term ICR of ?bbb+? of Old American Insurance Company, a who...
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. [NYSE: GL]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb+? of Globe Life.
Keysight Technologies, Inc. (KEYS) today announced the pricing of an underwritten, registered public offering of its senior unsecured fixed rate notes in an aggregate principal amount of $600,000,000. Keysight (KEYS) intends to use the net proceeds from the Offering for general corporate purposes, including to repay its outstanding $600 million of 4.55% senior notes due October 30, 2024.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Ol? Insurance Group Corp I.I.. The outlook of these Credit Ratings is stable.
?. City Of Goteborg. SEK 650,000,000.00 MTN. Floating Rate Green Bonds due 2028. Series GB25 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. SEK 6,063,506.94. POOL FACTOR. View source version on businesswire.com: https://www.businesswire.com/news/home/20241002552663/en/ Source: Deutsche Bank AG.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of AXA S.A. and its rated subsidiaries. The ratings reflect AXA?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
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 Gar-Bo F?rs?kring AB.
?. On October 1, 2024, Ferguson Enterprises Inc. (FERG) announced that it has priced a public offering of $750 million in aggregate principal amount of 5.000% senior unsecured notes due 2034. Ferguson intends to use a portion of the net proceeds from the sale of the Notes to prepay certain outstanding term loans, with the remaining proceeds to be used for general corporate purposes.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to AVLA Re Ltd.. The outlook assigned to these Credit Ratings is stable. The ratings of AVLA Re reflect its 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.
On October 1, 2024, Ferguson Enterprises Inc. (FERG) announced that it has priced a public offering of $750 million in aggregate principal amount of 5.000% senior unsecured notes due 2034. Ferguson intends to use a portion of the net proceeds from the sale of the Notes to prepay certain outstanding term loans, with the remaining proceeds to be used for general corporate purposes.
AM Best has downgraded the Financial Strength Rating to B- from B and the Long-Term Issuer Credit Rating to ?bb-? from ?bb? of Sublimity Insurance Company. The ratings reflect SIC?s balance sheet strength, which AM Best assesses as weak, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
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 Grupo Mexicano de Seguros, S.A. de C.V.. The outlooks of these Credit Ratings are stable.
US Foods Holding Corp. (USFD) today announced that its wholly-owned subsidiary, US Foods (USFD), Inc., has priced the previously announced notes offering and has agreed to issue and sell $500 million aggregate principal amount of 5.75% senior unsecured notes due 2033. US Foods (USFD) intends to use the net proceeds of the Notes offering to repay a portion of the amounts outstanding under its term loan facility.
Regulatory News: Vivendi has entered today into financing agreements to cover the potential redemption of its outstanding bond debt should the Group?s split project, which feasibility study was announced on September 13, 2023, be pursued and approved at an extraordinary general meeting of its shareholders.
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 assigned indicative Long-Term Issue Credit Ratings of ?a-? to senior unsecured issues, ?bbb+? to senior subordinated issues and ?bbb? to junior subordinated and preferred stock on the recently filed shelf registration of The Hartford Financial Services Group, Inc. [NYSE: HIG]. The outlook assigned to these Credit Ratings is positive.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Sompo Japan Insurance Inc. and its subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of ?a-? of Sompo International Holdings Ltd.. In addition, AM Best has affirmed the Long-Term Issue Credit Rating of ?a-? on $335 million 7% senior unsecured notes due by 2034.
US Foods Holding Corp. (USFD) today announced that its wholly-owned subsidiary, US Foods (USFD), Inc., intends, subject to market and other conditions, to offer $500 million in aggregate principal amount of senior unsecured notes due 2033.
Substantially all of the proceeds to be used to repay existing higher-cost debt facilities Pagaya Technologies LTD. (PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that its wholly owned subsidiary, Pagaya US Holding Company LLC, priced its offering of $140 million aggregate principal amount of exchangeable senior notes due 2029 in...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Swiss Reinsurance Company Ltd and most rated operating affiliates, all subsidiaries of Swiss Re Ltd. At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings on the debt and the indicative Long-Term IRs on securities available under Swiss Reinsurance Company Ltd.?s debt is...
Pagaya Technologies LTD. (PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that its wholly owned subsidiary, Pagaya US Holding Company LLC, intends to offer, subject to market and other conditions, $125 million aggregate principal amount of exchangeable senior notes due 2029 in a private offering to persons reasonably believed to be...
Matador Resources Company (MTDR) today announced the closing of its previously announced senior notes offering and provided an operational update. Closing of Senior Notes Offering On September 25, 2024, Matador successfully closed its private offering of $750 million of 6.250% senior unsecured notes due 2033.
KBRA assigns a BBB rating to North Haven Private Income Fund LLC's $300 million, 5.75% senior unsecured notes due in 2030. Key Credit Considerations The rating and Outlook are supported by North Haven's strong ties to the ~$1.5 trillion assets under management and/or supervision from Morgan Stanley Asset Management and access to capital through the Morgan Stanley Wealth Management Division.
Mativ Holdings, Inc. (MATV) today announced that it has priced its previously announced private offering of $400,000,000 in aggregate principal amount of its 8.000% senior notes due 2029.
KBRA assigns a rating of BBB- to New Mountain Finance Corporation's $300 million, 6.20% senior unsecured notes due 2027. Key Credit Considerations The ratings and Stable Outlook are supported by New Mountain Finance Corporation?s ties to New Mountain Capital's $56 billion AUM, including a $12 billion credit platform that provides SEC exemptive relief to co-invest among affiliated NMC companies.
The SPDR? SSGA MyIncome Suite Provides Active Exposure to Corporate and Municipal Bonds With Defined Maturity Dates BOSTON---- State Street Global Advisors, the asset management business of State Street Corporation (STT) today announced the introduction of its SPDR? SSGA MyIncome ETFs ? the first actively managed corporate and municipal target maturity bond ETFs in the U.S. market.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $700,000,000 aggregate principal amount of its 4.200% Senior Notes due 2029, $900,000,000 aggregate principal amount of its 4.700% Senior Notes due 2035 and $900,000,000 aggregate principal amount of its 5.250% Senior Notes due 2055 in a registered public offering.
First American Financial Corporation (FAF), a premier provider of title, settlement and risk solutions for real estate transactions, today announced the pricing of a public offering of $450 million of its 5.450 percent senior notes due 2034.
Invitation Homes Inc. (INVH) announced today that its operating partnership, Invitation Homes Operating Partnership LP, has priced a public offering of $500 million aggregate principal amount of 4.875% Senior Notes due 2035.
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. J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC are the joint book-running managers for the offering of the notes.
Senior Unsecured Notes are Rated Investment Grade CION Investment Corporation (CION) announced today that it closed an offering of $100 million in aggregate principal amount of its floating rate Senior Unsecured Notes, Tranche B, due 2027.
Invitation Homes Inc. (INVH), the nation?s premier single-family home leasing and management company, announced today that Fitch Ratings upgraded the Company?s issuer and issue-level credit ratings to ?BBB+? from ?BBB? with a stable outlook. According to Fitch?s published report, the upgraded rating reflects Invitation Homes? progress in reducing leverage and enhancing capital markets access.
Matador Resources Company (MTDR) previously announced Friday, September 20 that it priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 at a price of 100% of their face value.
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb+? from ?bbb-? of SILAC Insurance Company.
Matador Resources Company (MTDR) today announced that it has priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 at a price of 100% of their face value. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador?s credit facility, including all of the $250 million in outstanding borrowings under Matador?s term loan.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Massachusetts Mutual Life Insurance Company and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company.
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.
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 certain members of the Ascot Insurance U.S. Group.
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 ECGC Ltd. Concurrently, AM Best has affirmed the company?s India National Scale Rating of aaa.IN of ECGC Ltd with a stable outlook.
MicroStrategy? Incorporated today announced that, on September 19, 2024, it completed its previously announced offering of 0.625% convertible senior notes due 2028. The notes are unsecured, senior obligations of MicroStrategy (MSTR), and bear interest at a rate of 0.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2025.
Matador Resources Company (MTDR) today announced that, subject to market conditions, it intends to offer $750 million of senior unsecured notes due 2033 in a private placement to eligible purchasers.
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 Qu?litas Compa??a de Seguros S.A. de C.V.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Sura Re Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Sura 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.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? of Compa??a Reaseguradora del Ecuador S.A.. The outlook of these Credit Ratings has been revised to stable from positive.
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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