Macy?s, Inc. announced today that its wholly-owned subsidiary, Macy?s Retail Holdings, LLC, priced an offering of $500 million in aggregate principal amount of 7.375% senior notes due 2033 in a private offering at an offering price of 100% of the principal amount thereof.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to MTM Assurance Ltd.. The outlook assigned to these Credit Ratings is stable. The ratings reflect MTM?s 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 upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of Union Insurance Company P.J.S.C.. The outlook of these Credit Ratings has been revised to stable from positive.
BondCliQ and FactSet also announce corporate bond integration that will further enhance wealth and data insights available via FactSet BondCliQ Inc. announces today that FactSet Research Systems Inc. (FDS), a global financial digital platform and enterprise solutions provider, has made a lead investment in its current funding round.
Macy?s, Inc. announced today that its wholly-owned subsidiary, Macy?s Retail Holdings, LLC, intends to offer, subject to market and other customary conditions, $500 million in aggregate principal amount of senior notes due 2033 in a private offering.
Kroll Bond Rating Agency has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (WSFS). ?For the tenth consecutive year, WSFS has received a strong Investment Grade debt rating from KBRA.
Eaton Vance Municipal Bond Fund (EIM) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund?s then-outstanding common shares if, during the four-month measurement period beginning March 10, 2025 through July 9, 2025, the Fund?s common shares trade at an average discount to net asset value of more than 7.5%. The Fund has determined that the conditions of the Trigger E...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the members of Athene Group. The ratings reflect Athene?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb+? of Investors Heritage Life Insurance Company.
Bridge financing through the issuance of convertible bonds to Vester Finance and European investors for ?1.8m Immediate receipt of the entire financing upon signing Cash runway extended to November 2025, providing sufficient financial visibility to complete the safeguard process Structuring of a financing plan with long-term strategic investors underway to support the future development of the ...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the subsidiaries of Odyssey Group Holdings, Inc.. The outlook of these Credit Ratings is stable.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Ceres Life Insurance Company. The ratings reflect Ceres Life?s 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 A and the Long-Term Issuer Credit Ratings of ?a+? of the members of ProAssurance Group. The ratings of ProAssurance Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favorable 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 ?bb+? of JSC Insurance Company Aldagi Group. The ratings reflect Aldagi?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.
Differentiated, actively managed ETF aims to deliver a unique combination of capital preservation and the potential for enhanced yield by investing in AAA CLO bonds Reckoner Capital Management, a global asset management firm with specialized expertise in alternative credit, today announced the launch of the Reckoner Leveraged AAA CLO ETF (RAAA), the first-ever levered AAA CLO ETF.
A decade of performance underscores investor demand for smarter, yield-enhanced fixed income solutions WisdomTree, Inc. (WT), a global financial innovator, today celebrates the 10th anniversary of the launch of the Yield Enhanced US Aggregate Bond Fund.
Alibaba Group Holding Limited (BABA) (NYSE: BABA and HKEX: 9988 and 89988, ?Alibaba,? ?Alibaba Group? or the ?Company?) () today announced the completion of its private offering of HK$12.023 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 by reference to the ordinary shares of Alibaba Health Information Technology Limited that are listed on The Stock Exchange of Hong Kong Li...
?. Santander UK PLC. Issue of GBP 1,500,000,000.00. Floating Rate Covered Bonds due Jan 2028. Series 80 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. GBP 18,584,194.52. POOL FACTOR.
?. Santander UK PLC. Issue of GBP 1,250,000,000.00. Floating rate covered bond due July 2027. Series 84 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. GBP 15,144,020.55. POOL FACTOR.
The Nassau Companies of New York announced today the upsize and pricing of its previously announced private offering of its 7.875% senior notes due 2030. The Nassau Companies of New York intends to use the net proceeds from the Offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.
KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030.
KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030.
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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