GATX Corporation (GATX) announced today that Fitch Ratings, Inc. has assigned the Company a BBB+ Long-Term Issuer Default Rating with a stable outlook, a BBB+ senior unsecured debt rating, an F2 short-term IDR and an F2 commercial paper rating.
BlackRock (BLK) announced today the planned termination of two 2023 iBonds ETFs, which possess the following timelines for trading, net-asset value circulation and expected liquidation: iBonds ETFs are designed to cease trading and mature during a specific maturity window like an individual bond. iBonds ETFs, across treasuries, municipal bonds and both investment-grade and high-yield corporate credit...
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of St. Charles Insurance Company Risk Retention Group. The ratings reflect St. Charles? balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, very limited 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 Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM Global Group.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb? of ACMAT Corporation [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A and the Long-Term ICR of ?a? of ACMAT?s wholly owned subsidiary, ACSTAR Insurance Company.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Acuity, A Mutual Insurance Company. The Credit Ratings reflect Acuity?s balance sheet strength, which AM Best assesses at the strongest level, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.
Genesis Energy, L.P. (GEL) today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 5.625% senior unsecured notes due 2024 that we co-issued with our subsidiary, Genesis Energy Finance Corporation, expired at 5:00 p.m., New York City time, on January 24, 2023.
Getty Realty Corp. (GTY) announced today the issuance of $125 million of senior unsecured notes priced at a fixed rate of 3.65% and maturing January 20, 2033 pursuant to note purchase and guarantee agreements entered into in February 2022 and previously announced.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Nippon Life Insurance Company. The ratings of Nissay reflect its 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 revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? for Rutgers Casualty Insurance Company and American European Insurance Company, which operate an intercompany reinsurance pooling agreement, and are collectively known as AEIG or the group.
AM Best has downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to ?a+? from ?aa-? of Franklin Mutual Insurance Company, FMI Insurance Company and POM Insurance Company.
Genesis Energy, L.P. (GEL) today announced that it has priced a public offering of $500,000,000 in aggregate principal amount of 8.875% senior unsecured notes due 2030.
AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of California Earthquake Authority. The Credit Ratings reflect CEA?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
Genesis Energy, L.P. (GEL) today announced the commencement of a cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 5.625% senior unsecured notes due 2024 that we co-issued with our subsidiary, Genesis Energy Finance Corporation.
Genesis Energy, L.P. (GEL) today announced the commencement of a registered, underwritten public offering of $400,000,000 in aggregate principal amount of senior unsecured notes due 2030. Wells Fargo Securities, LLC is leading the offering along with several joint book-running managers and co-managers.
China emerges as the largest issuing country globally; certification in the country jumped to 82% EMEA remains the largest issuing region Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology and market infrastructure, today released the company?s annual full-year Impact Bond Report, which shows impact bond issuance fell 13% in 2022 to US$771 billion after reaching an a...
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Post-Telecommunication Joint Stock Insurance Corporation.
Crestwood Midstream Partners LP, a wholly owned subsidiary of Crestwood Equity Partners LP (CEQP), announced today that it has priced $600 million in aggregate principal amount of 7.375% unsecured Senior Notes due 2031 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Crestwood Midstream Partners LP, a wholly owned subsidiary of Crestwood Equity Partners LP (CEQP), announced today its intention, subject to market and other conditions, to offer $500 million in aggregate principal amount of unsecured Senior Notes due 2031 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
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 Aserta Seguros Vida, S.A. de C.V., Grupo Financiero Aserta.
AM Best has affirmed the Mexico National Scale Rating of ?aa-.MX? and the Long-Term Issuer Credit Rating of ?bbb-? of Controladora Aserta S.A.P.I. de C.V.. Concurrently, AM Best has affirmed the NSR of ?aaa.MX?, the Financial Strength Rating of A- and the Long-Term ICR of ?a-? of Aseguradora Insurgentes, S.A. de C.V., and its sister company, Aseguradora Aserta, S.A. de C.V., which are the main ...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of AXA France Vie, a subsidiary of AXA S.A.. The outlook of these Credit Ratings is stable.
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 Farmers Mutual of Tennessee.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of most members of Metropolitan Life Insurance Group. The ratings reflect Metropolitan Life Insurance Group?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, very favorable 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 Stellar National Life Insurance Company. The ratings reflect Stellar Life?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 affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of The Bahrain National Insurance Company BSC. The ratings reflect BNI?s balance sheet strength, which AM Best assesses as very strong, 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 A- and the Long-Term Issuer Credit Ratings to ?bbb+? from ?a-? of Grange Insurance Association and its fully reinsured subsidiary, Granwest Property & Casualty, collectively referred to as Grange Insurance Group.
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A++ from A+ and the Long-Term Issuer Credit Ratings to ?aa+? from ?aa-? of Transatlantic Reinsurance Company and its subsidiaries.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the life insurance subsidiaries of Western & Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, ...
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of SILAC Insurance Company. The ratings reflect SILAC?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of MLMIC Insurance Company. The ratings reflect MLMIC?s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Malaysian Reinsurance Berhad. The ratings reflect Malaysian Re?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.
?. 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 5,122,000. POOL FACTOR. View source version on businesswire.com: https://www.businesswire.com/news/home/20230104005438/en/ Source: Deutsche Bank AG.
Enterprise Products Partners L.P. (EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $1.75 billion aggregate principal amount of notes comprised of $750 million principal amount of senior notes due January 10, 2026, and $1.0 billion principal amount of senior notes due January 31, 2033.
?. Consort Healthcare Funding Plc. GBP214,531,000 2.055per cent Index Linked. Guaranteed Secured Bonds due 2041. 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 11.56. POOL FACTOR.
?. Consort Healthcare Funding plc. GBP 63,964,000 2.9753 per cent. Index-Linked Guaranteed Secured Bonds due 2040. 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 16.27523. POOL FACTOR.
?. Consort Healthcare Funding Plc. GBP214,531,000 2.055per cent Index Linked. Guaranteed Secured Bonds due 2041. 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 11.56. POOL FACTOR.
?. Consort Healthcare Funding plc. GBP 63,964,000 2.9753 per cent. Index-Linked Guaranteed Secured Bonds due 2040. 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 16.27523. POOL FACTOR.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the newly issued $50 million 9.375% surplus notes due 2042 issued by Knighthead Annuity & Life Assurance Company. The proceeds from this debt issuance are expected to be used for general corporate purposes, including assumption of additional reinsurance and merger & acquisition activity.
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A from B++ and the Long-Term Issuer Credit Rating to ?a? from ?bbb? of Bondex Insurance Company.
AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to B+ from B++ and the Long-Term Issuer Credit Rating to ?bbb-? from ?bbb? of Commercial Travelers Life Insurance Company.
LYON, France---- POXEL SA, a clinical stage biopharmaceutical company developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis and rare metabolic disorders, today announced the drawdown of the remaining two tranches of the convertible bonds as part of the equity-linked financing facility with Iris Capital Investment re...
Add in first sentence of release dated Dec. 22, 2022, exchange and ticker symbol for First Acceptance Corporation (FACO): [OTCQX: FACO]. First sentence should read:?AM Best has downgraded the Financial Strength Rating to C++ from B and the Long-Term Issuer Credit Ratings to ?b+? from ?bb? of the subsidiaries of First Acceptance Corporation (FACO) [OTCQX: FACO], collectively referred to as First Acceptance Gr...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Hannover R?ck SE and its main subsidiaries. These ratings reflect Hannover Re?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 revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of Fidelity & Guaranty Life Insurance Company and Fidelity & Guaranty Life Insurance Company of New York,. These subsidiaries of Fidelity & Guaranty Life Holdings, Inc. are referred to collectively as Fidelity & Guaranty Life Group.
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Rating to ?aa-? from ?a+? of Cov?a Coop?rations, the intermediate operating holding company of Soci?t? de Groupe d?Assurance Mutuelle Cov?a, a leading mutual insurance group in France.
Headline of release should read: AM BEST WITHDRAWS CREDIT RATINGS OF JORDAN FRENCH INSURANCE COMPANY LIMITED The updated release reads: AM Best has affirmed the Financial Strength Rating of B and Long-Term Issuer Credit Rating of ?bb+? of Jordan French Insurance Company Limited.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bbb? from ?bbb+? and affirmed the Financial Strength Rating of B++ of Gulf Guaranty Life Insurance Company. The ratings reflect Gulf Guaranty Life?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 Bao Minh Insurance Corporation. The ratings reflect BMI?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 revised the outlook to stable from positive for the Financial Strength Rating and to negative from positive for the Long-Term Issue Credit Rating and affirmed the FSR of B++ and the Long-Term ICR of ?bbb+? of Northwest G.F. Mutual Insurance Company.
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.
Log In Required
Line of Credit Log In Required
Publication Date