News Results

  1. AM Best Affirms Credit Ratings of Global Indemnity Group, LLC and Its Subsidiaries
    Business Wire | 05/19/22 03:48 PM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long Term Issue Credit Rating of ?a? of the U.S. operating subsidiaries of Global Indemnity Group, LLC (GBLI) [NYSE: GBLI]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of Global Indemnity..

  2. Casella Waste Systems, Inc. Announces Pricing of $35.0 Million of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2022
    GlobeNewswire | 05/19/22 01:30 PM EDT

    Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced that it has priced the previously announced offering of $35.0 million aggregate principal amount of Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds Series 2022 to be issued under an indenture between the Issuer and the bond trustee.

  3. Credit Suisse downgraded by Fitch, move follows S&P
    Reuters | 05/19/22 03:01 AM EDT

    Credit Suisse has received its second ratings downgrade this week, adding further pressure to the beleagured Swiss lender which has been under fire over a series of losses and scandals.

  4. Kayne Anderson Energy Infrastructure Fund Announces Completion of Private Placement of Notes
    GlobeNewswire | 05/18/22 08:21 PM EDT

    Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced today that it completed its previously announced private placement of $45 million of 4.57% Series RR senior unsecured notes. As previously announced, the remaining funding of the $45 million of 4.67% Series SS Notes and $20 million of 5.07% Series T MRP Shares will be issued on August 2, 2022.

  5. BRIEF-Carnival Corporation & PLC Announces Pricing Of $1.0 Billion Senior Unsecured Notes Due 2030 To Refinance 2023 Maturities
    Reuters | 05/18/22 07:29 PM EDT

    Carnival PLC (CUK): * CARNIVAL CORPORATION (CCL) & PLC ANNOUNCES PRICING OF $1.0 BILLION SENIOR UNSECURED NOTES DUE 2030 TO REFINANCE 2023 MATURITIES. * CARNIVAL CORP (CCL) - CARNIVAL CORPORATION HAS PRICED PRIVATE OFFERING OF $1.0 BILLION AGGREGATE PRINCIPAL AMOUNT OF 10.5% SENIOR UNSECURED NOTES DUE 2030 Source text for Eikon: Further company coverage:

  6. Carnival Corporation & plc Announces Pricing of $1.0 Billion Senior Unsecured Notes due 2030 to Refinance 2023 Maturities
    PR Newswire | 05/18/22 07:27 PM EDT

    MIAMI, May 18, 2022 Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) has priced the private offering of $1.0 billion aggregate principal amount of 10.5% senior unsecured notes due 2030.

  7. AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated?s Senior Unsecured Notes
    Business Wire | 05/18/22 05:28 PM EDT

    AM Best has assigned Long-Term Issue Credit Ratings of ?a? to UnitedHealth Group Incorporated?s [NYSE: UNH] recently issued $600 million 3.7% senior unsecured notes, due 2027; $900 million 4% senior unsecured notes, due 2029; $1.5 billion 4.2% senior unsecured notes, due 2032; $2 billion 4.75% senior unsecured notes, due 2052; and $1.0 billion 4.95% senior unsecured notes, due 2062.

  8. AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries
    Business Wire | 05/18/22 04:16 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.

  9. LTC Announces $75 Million Private Placement Debt Financing at 3.66%
    Business Wire | 05/18/22 09:30 AM EDT

    LTC Properties, Inc. (LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it entered into a Note Purchase Agreement to issue $75 million aggregate principal amount of 3.66% senior unsecured notes.

  10. AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Life Subsidiaries
    Business Wire | 05/18/22 09:11 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the primary life insurance subsidiaries of Protective Live Corporation, collectively known as Protective Life.

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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