News Results

  1. Tidewater Announces Pricing of $650 Million Offering of Senior Notes due 2030
    Business Wire | 04:16 PM EDT

    Tidewater Inc. (TDW) today announced the pricing of its previously announced private offering of $650 million in aggregate principal amount of unsecured senior notes due 2030. The sale of the 2030 Notes to the initial purchasers is expected to settle on July 7, 2025, subject to customary closing conditions.

  2. Life Time Closes on $150 Million Sale-Leaseback Transaction; Credit Rating Upgraded by S&P
    PR Newswire | 06/23/25 05:26 PM EDT

    CHANHASSEN, Minn. Additionally, on June 18, 2025, prior to the completion of the sale-leaseback transaction, S&P Global Ratings upgraded the Company's issuer credit rating to 'BB-' from 'B+'. Due to this ratings upgrade and the existing 'BB-' issuer rating from Fitch Ratings, Life Time's credit facility margin improved by 25 basis points effective June 19, 2025.

  3. AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated?s New Senior Unsecured Notes
    Business Wire | 06/23/25 04:57 PM EDT

    AM Best has assigned Long-Term Issue Credit Ratings of ?a? to UnitedHealth Group Incorporated?s [NYSE: UNH] recently issued senior unsecured notes. The proceeds from UnitedHealth Group?s recent $3 billion debt issuance are expected to be used for general corporate purposes, including repayment of short-term borrowings, commercial paper and/or upcoming debt maturities.

  4. Harvard's AAA rating can withstand Trump threats for now, S&P Global says
    Reuters | 06/23/25 11:32 AM EDT

    The triple A ratings of Harvard and other U.S. Ivy League colleges should be able to withstand all but the most extreme and coordinated tax and endowment fund threats posed by Donald Trump's U.S. administration, S&P Global has said. Trump and Harvard have been battling over the president's allegations of on-campus anti-Semitism.

  5. Harvard's AAA rating can withstand Trump threats for now, S&P Global says
    Reuters | 06/23/25 11:32 AM EDT

    The triple A ratings of Harvard and other U.S. Ivy League colleges should be able to withstand all but the most extreme and coordinated tax and endowment fund threats posed by Donald Trump's U.S. administration, S&P Global has said. Trump and Harvard have been battling over the president's allegations of on-campus anti-Semitism.

  6. AM Best Assigns Credit Ratings to Interplus Re Limited
    Business Wire | 06/20/25 05:40 PM EDT

    AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb+? to Interplus Re Limited. The ratings reflect Interplus? balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  7. Archdiocese of New Orleans denies accusation of securities fraud
    SourceMedia Bond Buyer | 06/20/25 04:28 PM EDT

    The archdiocese allegedly backed away from repeated promises bond parties would be paid in full, they said.

  8. AM Best Upgrades Credit Ratings of MS Transverse Specialty Insurance Company, MS Transverse Insurance Company and TRM Specialty Insurance Company
    Business Wire | 06/20/25 11:46 AM EDT

    AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa? from ?a+? of MS Transverse Specialty Insurance Company, MS Transverse Insurance Company and TRM Specialty Insurance Company, collectively referred to as MS Transverse Insurance Group.

  9. AM Best Affirms Credit Ratings of Aseguradora General, S.A.
    Business Wire | 06/20/25 11:20 AM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Aseguradora General, S.A.. The outlook of these Credit Ratings is stable. The ratings reflect AGen?s balance sheet strength, which AM Best assesses as strongest, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.

  10. AM Best Affirms Credit Ratings of Veterinary Professional Insurance Society Incorporated
    Business Wire | 06/20/25 09:46 AM EDT

    AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Veterinary Professional Insurance Society Incorporated. The ratings reflect VPIS? balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, 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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