AM Best has upgraded the Long-Term Issuer Credit Ratings to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company.
Liberty Media Corporation (LSXMA) announced today that it intends to offer $375 million aggregate principal amount of convertible senior notes in a private offering. The Notes will be convertible into cash, shares of Liberty?s Series C Liberty Formula One common stock or a combination thereof, at Liberty?s election.
?. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bond due 12 November 2024. Series 73 Tranche 1. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 4,241,073.97. POOL FACTOR.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Golden Tree Reinsurance Limited. Golden Tree is a subsidiary of Iris Financial Services Limited and is owned ultimately by Springbrook Capital Ltd., a privately held holding company with diversified operations in insurance and financial services.
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 Dunav-Re a.d.o.. The ratings reflect Dunav-Re?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 assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Spheric Assurance Company, Ltd. The outlook assigned to these Credit Ratings is stable. The ratings reflect Spheric?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 upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating of ?a? from ?a-? of Singapore Reinsurance Corporation Limited. The ratings reflect Singapore Re?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.
Synovus Financial Corp. (SNV) today announced the pricing of its previously-announced underwritten public offering of $350 million of senior notes due 2025.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of International Traders Insurance Co., Ltd.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the property/casualty subsidiaries of CNA Financial Corporation [NYSE: CNA], collectively known as CNA Insurance Companies.
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.
Synovus Financial Corp. (SNV) today announced an underwritten public offering of senior notes due 2025. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC will serve as the joint book-running managers for the offering. Synovus is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933, as amended.
Williams announced today that it has priced a public offering of $1.00 billion of its 4.650% Senior Notes due 2032 at a price of 99.635 percent of par and $750 million of its 5.300% Senior Notes due 2052 at a price of 99.954 percent of par.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of BTG Pactual Resseguradora S.A.. The outlook of these Credit Ratings is stable. The ratings reflect BTG 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.
B2B data company?s solutions recognized with Best Feature Set and Best Relationship accolades DemandScience, a global B2B data company that partners with customers to upgrade their sales pipelines, today announced that TrustRadius has recognized the company with two 2022 Summer Best of Awards in the Intent Data Providers category.
?. SELP JOINT VENTURE PRICES ?750 MILLION 3.75 PER CENT UNSECURED GREEN BOND ISSUE SEGRO plc (SEGXF), in its role as venture adviser to the SEGRO European Logistics Partnership joint venture, announces the pricing of a 5 year, ?750 million senior unsecured Green bond issue for SELP.
Regulatory News: SEGRO plc, in its role as venture adviser to the SEGRO European Logistics Partnership joint venture, announces the pricing of a 5 year, ?750 million senior unsecured Green bond issue for SELP. The proceeds of the issue will principally be used to refinance the existing ?500 million bond expiring in 2023, which are subject to an ongoing tender offer.
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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