Pioneer Natural Resources Company (PXD) today announced that it has priced a public offering of $1.1 billion of 5.100% Senior Notes that will mature March 29, 2026, pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission.
$300 million in green bonds will be due in 2033 Wisconsin Power and Light Company, a wholly owned subsidiary of Alliant Energy Corporation (LNT), announced the pricing of its public offering of $300 million aggregate principal amount of 4.950% debentures.
AM Best has removed from under review with negative implications and downgraded the Long-Term Issuer Credit Rating to ?bb? from ?bb+? and affirmed the Financial Strength Rating of B of Universal Insurance Company Limited.
?. Central Nottinghamshire Hospitals PLC. GBP 351,900,000 1.8768 per cent. Guaranteed Secured Bonds due 2042. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 50,000.00 IS GBP 568.88. POOL FACTOR.
Warning in compliance with AMF Recommendation of 14 February 2023: This press release notably refers to a financing Poxel has set up in the form of bonds redeemable for new or existing shares with IRIS, which, after receiving the shares resulting from the redemption of those instruments, is not expected to remain a shareholder of the Company.
AM Best has removed from under review with negative implications and downgraded the Long-Term Issuer Credit Rating to ?bb? from ?bb+? and affirmed the Financial Strength Rating of B of Brightsideco Insurance Limited.
Achievement of 100% Renewable Energy; $18 Million-Plus in Charitable Contributions; and Enabling Growth of UN Sustainable Development Goal-Linked Bonds Among Report Highlights Jefferies Financial Group, Inc. (JEF) announced the publication of Jefferies? annual ESG/DEI Report, which can be viewed in full here: https://www.jefferies.com/CMSFiles/Jefferies.com/Files/Sustainability/Jefferies-2023-ESG-DEI...
AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of ?ptima Seguros. The Credit Ratings reflect ?ptima Seguros? 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 upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of Kelvin Re Limited. The ratings reflect Kelvin Re?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
AM Best has downgraded the Long-Term Issuer Credit Rating to ?bb? from ?bb+? and affirmed the Financial Strength Rating of B of Custodian and Allied Insurance Limited. The ratings reflect CAIL?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal 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 Topa Insurance Company and its subsidiary, Dorchester Insurance Company, Ltd.. Concurrently, AM Best has maintained the under review with negative implications status for these Credit Ratings.
NEW YORK---- WeWork Inc. (WE), the leading global flexible space provider, today announced that it has entered into a series of agreements with an ad hoc group representing over 60% of the company?s public bonds, a third-party investor, and SoftBank?s Vision Fund II which will provide the company with an improved and sustainable balance sheet.
Invitation Homes Inc. (INVH) today announced that S&P Global Ratings upgraded the company?s issuer and issue-level credit ratings to ?BBB? from ?BBB-? with a Stable outlook.
AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Arch Reinsurance Ltd. and its strategic affiliates. The ratings reflect the group?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable 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 The Penn Mutual Life Insurance Company and its wholly owned subsidiaries, The Penn Insurance and Annuity Company, Vantis Life Insurance Company and The Penn Insurance and Annuity Company of New York.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Principal Life Insurance Company and Principal National Life Insurance Company. The ratings reflect Principal?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.
?. NewHospitals Finance PLC. GBP178,300,000 1.7774 per cent Index Linked. Guaranteed Secured Bonds due 2047. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 50,000.00 IS GBP 616.68. POOL FACTOR.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group.
AM Best has downgraded the Financial Strength Rating to C++ from B and the Long-Term Issuer Credit Rating to ?b? from ?bb? of The Order of United Commercial Travelers of America. The ratings reflect UCT?s balance sheet strength, which AM Best assesses as weak, as well as its weak operating performance, limited business profile and marginal enterprise risk management.
Primaris Real Estate Investment Trust announced today receipt of its issuer rating upgrade to BBB, from BBB, maintaining a Stable trend, assigned by DBRS Morningstar. ?We are very proud to have received an issuer rating upgrade to BBB High, amongst the highest DBRS ratings currently awarded within the Canadian public REIT universe,? commented Rags Davloor, Chief Financial Officer.
Humana Inc. (HUM) announced today the completion of its public offering of $1.25 billion in aggregate principal amount of senior notes. The company expects net proceeds from the Senior Notes Offerings will be approximately $1.211 billion after deducting underwriters? discounts and estimated offering expenses.
Liberty Media Corporation (LSXMA) announced today that it has closed its previously announced private offering of $575 million aggregate principal amount of its 3.75% convertible senior notes due 2028, including notes with an aggregate principal amount of $75 million issued pursuant to the exercise of an option granted to the initial purchasers, which was exercised in full.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of ?aa+? of Berkshire Hathaway Life Insurance Company of Nebraska. The ratings of BHLN 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.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of AXA Mansard Insurance Plc. The ratings reflect AXA Mansard?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 downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to ?a+? from ?aa-? of SCOR SE and its main operating subsidiaries. The ratings reflect SCOR?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, very favourable 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 Compagnie Commune de R?assurance des Etats Membres de la CIMA. The ratings reflect CICA-RE?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the recently announced $750 million, 5.15% 10-year senior unsecured notes, due May 15, 2033, issued by Ameriprise Financial, Inc. (AMP) [NYSE: AMP]. The outlook assigned to the Credit Rating is stable.
Israeli Credit Rating Agency Midroog Raises Rating on Series A and F Bonds, Citing Ongoing Improvement in the Company?s Financial Position Delta Galil Industries, Ltd., the global manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for men, women and children, today announced that Israeli credit rating agency Midroog, a subsidiary of Moody?s...
AM Best has issued a correction to the previously published Long-Term Issue Credit Rating of ?bbb? to the EUR 500 million 4.625% senior unsecured notes, due 2030. This press release relates to Credit Ratings that have been published on AM Best?s website. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.
Johnson & Johnson (JNJ) today announced that Kenvue Inc., a wholly owned subsidiary of Johnson & Johnson (JNJ), priced an offering of the following series of senior unsecured notes in an aggregate principal amount of $7.75 billion: The Notes will be senior unsecured obligations of Kenvue and will initially be fully and unconditionally guaranteed on a senior unsecured basis by Johnson & Johnson.
Net Proceeds will be Allocated Toward a Portfolio of Eligible Green Investments in Support of Eastman?s Sustainability Goals Eastman Chemical Company (EMN) today announced that it has closed its offering of $500 million principal amount of 5.750% Senior Unsecured Notes due 2033, which is the first investment grade USD-denominated senior unsecured green bond offering by a U.S. issuer in the chemical s...
AM Best has affirmed the Financial Strength Rating of B, the Long-Term Issuer Credit Rating of ?bb? and the Mexico National Scale Rating of ?a.MX? of Armour Secure Insurance S.A. de C.V.. The outlook of the FSR is stable, while the outlook of the Long-Term ICR and NSR is positive.
AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? of Genesis Global Insurance Ltd.. The outlook assigned to these Credit Rating is stable.
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 Allianz M?xico, S.A., Compa??a de Seguros.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Allianz SE and its rated subsidiaries. The ratings reflect Allianz?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of ?a-? of WellPoint Insurance Services, Inc.. The outlook for these Credit Ratings is stable. The ratings reflect WISI?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.
Not for distribution to U.S. news wire services or dissemination in the United States. Chemtrade Logistics Income Fund announced today that it has completed its previously-announced public offering of $100 million principal amount of 7.00% convertible unsecured subordinated debentures due June 30, 2028.
Liberty Media Corporation (LSXMA) announced today that it has priced and agreed to sell to initial purchasers in a private offering $500 million aggregate principal amount of 3.75% convertible senior notes due 2028. The Notes will be convertible into shares of Liberty?s Series A Liberty SiriusXM common stock, which may be settled at Liberty?s election in LSXMA, cash or a combination thereof.
Rivian Automotive, Inc. (RIVN) today announced the pricing of its offering of $1,300,000,000 aggregate principal amount of 4.625% green convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb? of State Auto Financial Corporation. The ratings affirmation reflects State Auto?s status as a downstream holding company in the Liberty Mutual hierarchy, though currently there is no debt maintained at this entity. This press release relates to Credit Ratings that have been published on AM Best?s website.
VF Corporation (VFC), a global leader in branded lifestyle apparel, footwear and accessories, announced the closing of a ?500 million green bond offering, representing its second green bond issued; the inaugural green bond was issued in 2020.
Liberty Media Corporation (LSXMA) announced today that it intends to offer $500 million aggregate principal amount of convertible senior notes in a private offering. The Notes will be convertible into shares of Liberty?s Series A Liberty SiriusXM common stock, which may be settled at Liberty?s election in LSXMA, cash or a combination thereof.
Avery Dennison Corporation (AVY) announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.750% Senior Notes due 2033.
Rivian Automotive, Inc. (RIVN) today announced its intention to offer, subject to market and other conditions, $1,300,000,000 aggregate principal amount of green convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb? of American Health and Life Insurance Company and Triton Insurance Company. The ratings of AHLIC reflect its balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral 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 ?bb+? of Mandal Daatgal JSC. The ratings reflect Mandal?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.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company and United World Life Insurance Company.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the $700 million, 5.685% senior unsecured notes due March 15, 2026, and the $800 million, 5.4% senior unsecured notes due March 15, 2033, recently issued by The Cigna Group (CI) [NYSE:CI]. The outlook assigned to these Credit Ratings is 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.