News Results

  1. AM Best Upgrades Issuer Credit Ratings of Members of A-CAP Group
    Business Wire | 05:35 PM EDT

    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.

  2. Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes
    Business Wire | 07:46 AM EDT

    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.

  3. FRN Variable Rate Fix
    Business Wire | 08/05/22 01:22 PM EDT

    ?. 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.

  4. AM Best Affirms Credit Ratings of Golden Tree Reinsurance Limited
    Business Wire | 08/05/22 01:00 PM EDT

    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.

  5. AM Best Revises Outlooks to Positive for Dunav-Re a.d.o.
    Business Wire | 08/05/22 12:22 PM EDT

    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.

  6. AM Best Assigns Credit Ratings to Spheric Assurance Company, Ltd.
    Business Wire | 08/05/22 12:11 PM EDT

    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.

  7. AM Best Upgrades Credit Ratings of Singapore Reinsurance Corporation Limited
    Business Wire | 08/05/22 10:11 AM EDT

    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.

  8. Synovus Announces Pricing of $350 Million Senior Notes Offering
    Business Wire | 08/04/22 06:18 PM EDT

    Synovus Financial Corp. (SNV) today announced the pricing of its previously-announced underwritten public offering of $350 million of senior notes due 2025.

  9. AM Best Affirms Credit Ratings of International Traders Insurance Co., Ltd.
    Business Wire | 08/04/22 01:50 PM EDT

    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.

  10. AM Best Affirms Credit Ratings of CNA Financial Corporation and Its Subsidiaries
    Business Wire | 08/04/22 01:49 PM EDT

    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.

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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