News Results

  1. AM Best Assigns Credit Ratings to Seguros e Inversiones S.A.
    Business Wire | 02:24 PM EDT

    AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Seguros e Inversiones S.A. . The outlook assigned to these Credit Ratings is stable. The ratings reflect SISA?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.

  2. AM Best Revises Outlooks to Stable for SNIC Insurance B.S.C. (c)
    Business Wire | 12:32 PM EDT

    AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ and Long-Term Issuer Credit Rating of ?bbb-? of SNIC Insurance B.S.C.. These Credit Ratings reflect SNIC?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.

  3. AM Best Affirms Credit Ratings of East Africa Reinsurance Company Limited
    Business Wire | 12:16 PM EDT

    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.

  4. BRIEF-Tidewater Announces Pricing Of $175 Mln Senior Secured Bond Issue
    Reuters | 06:48 AM EDT

    Tidewater Inc (TDW): * TIDEWATER ANNOUNCES PRICING OF USD $175 MILLION SENIOR SECURED BOND ISSUE. * Tidewater Inc (TDW) - FINALIZED TERMS OF COMPANY'S OFFERING OF USD $175 MILLION IN SENIOR SECURED BONDS IN NORDIC BOND MARKET. * Tidewater Inc (TDW) - BONDS WILL MATURE IN NOVEMBER 2026 AND BEAR INTEREST AT 8.5% PER ANNUM.

  5. Tidewater Announces Pricing of USD $175 Million Senior Secured Bond Issue
    Business Wire | 06:00 AM EDT

    Tidewater Inc. (TDW) today announced that it has finalized the terms of the Company?s offering of USD $175 million in senior secured bonds in the Nordic bond market. The bonds were privately placed in the United States in accordance with U.S. securities laws and sold outside the United States pursuant to Regulation S under the Securities Act of 1933.

  6. Xinyuan Real Estate reaches exchange agreement with bondholders -statement
    Reuters | 03:28 AM EDT

    Developer Xinyuan Real Estate Co said Friday that it had reached an exchange agreement with bondholders on its $229 million notes maturing Oct. 15. Xinyuan would deliver new bonds worth $205.4 million and $19.1 million cash to eligible bondholders on the settlement date, it said in a Singapore Exchange filing.

  7. BRIEF-S&P Says Peru Outlook Revised To Negative On Increased Risks To Debt Dynamics; 'BBB+/A-2' Foreign Currency Ratings Affirmed
    Reuters | 10/14/21 08:15 PM EDT

    * S&P SAYS PERU OUTLOOK REVISED TO NEGATIVE ON INCREASED RISKS TO DEBT DYNAMICS; 'BBB+/A-2' FOREIGN CURRENCY RATINGS AFFIRMED. * S&P-PERU'S NEGATIVE OUTLOOK REFLECTS AT LEAST 1-IN-3 CHANCE OF DOWNGRADE OVER NEXT 6-24 MONTHS IF POLITICAL CHALLENGES LEAD TO POOR ECON PERFORMANCE.

  8. BRIEF-Arko Announces Pricing Of Its Senior Unsecured Notes Offering
    Reuters | 10/14/21 04:44 PM EDT

    Arko Corp. (ARKO): * ARKO CORP. ANNOUNCES PRICING OF ITS SENIOR UNSECURED NOTES OFFERING. * Arko Corp. (ARKO) - PRICING OF ITS PRIVATE OFFERING OF $450.0 MILLION OF 5.125% SENIOR UNSECURED NOTES DUE 2029 Source text for Eikon: Further company coverage:

  9. ARKO Corp. Announces Pricing of its Senior Unsecured Notes Offering
    GlobeNewswire | 10/14/21 04:43 PM EDT

    ARKO Corp. (ARKO) today announced the pricing of its previously announced private offering of $450.0 million aggregate principal amount of 5.125% Senior Unsecured Notes due 2029.

  10. AM Best Affirms Credit Ratings of MAPFRE M?xico, S.A.
    Business Wire | 10/14/21 01:49 PM EDT

    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 MAPFRE M?xico, S.A. . The outlook of these Credit Ratings is stable.

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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