News Results

  1. AM Best Assigns Issue Credit Rating to Manulife Financial Corporation?s New Subordinated Notes
    Business Wire | 06/16/22 10:44 AM EDT

    AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the CAD 1.0 billion, 7.117% subordinated notes, due June 19, 2082, recently announced by Manulife Financial Corporation (MFC) [NYSE: MFC]. The outlook assigned to the Credit Rating is stable.

  2. AM Best Affirms Credit Ratings of Palomar Holdings, Inc. and Its Member Companies
    Business Wire | 06/16/22 10:15 AM EDT

    AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb-? of Palomar Holdings, Inc. [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Insurance Company, Palomar Excess and Surplus Insurance Company and Palomar Specialty Reinsurance Company Bermuda Ltd.. Concurrently, AM Best has affirmed the Financial Strength Rating of A- and the Long-Term ICRs of ?...

  3. Entegris, Inc.?Announces Proposed Private Offering of Senior Unsecured Notes
    Business Wire | 06/16/22 07:37 AM EDT

    Entegris (ENTG), Inc. today announced that its wholly-owned subsidiary, Entegris Escrow Corporation, intends to offer senior unsecured notes due 2030, subject to market and customary conditions.

  4. AM Best Affirms Credit Ratings of Everest Re Group, Ltd. and Its Subsidiaries
    Business Wire | 06/15/22 01:42 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the operating subsidiaries of Everest Re Group, Ltd.. Concurrently, AM Best has affirmed the Long-Term ICRs of ?a-? of Everest Re Group, Ltd. [NYSE: RE] and Everest Reinsurance Holdings, Inc.. Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings of Everest Reinsurance Ho...

  5. Roosevelt & Cross Closes $759,115,000 Dormitory Authority of the State of New York School Districts Revenue Bond Financing Program Series 2022A and 2022B
    Business Wire | 06/15/22 01:00 PM EDT

    Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authority?s School Districts Revenue Bond Financing Program that priced in May 2022. The bonds are special obligations of DASNY, payable from GO bond payments of the local school district obligors under the program.

  6. AM Best Affirms Credit Ratings of Caisse Centrale de R?assurance and CCR RE
    Business Wire | 06/15/22 12:26 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Caisse Centrale de R?assurance. The ratings of CCR reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management.

  7. New Research Report From Sallie Mae and Ipsos Examines Obstacles to College Completion
    Business Wire | 06/15/22 11:01 AM EDT

    ?How America Completes College? Shows Change in Focus, Motivation, or Life Change, Financial Concerns, and Mental Health Challenges Are Top Reasons Students Leave College Before Graduating Students who attended college but did not complete are more likely to be first-generation college students, those from diverse backgrounds, and from lower-income households, according to ?How America Complete...

  8. KBRA Assigns AA Rating to the Sacramento City Unified School District General Obligation Bonds, Election of 2020 (Measure H) 2022 Series A and 2022 General Obligation Refunding Bonds
    Business Wire | 06/15/22 10:57 AM EDT

    KBRA assigns the long-term rating of AA to the Sacramento City Unified School District General Obligation Bonds, Election of 2020 2022 Series A, and 2022 General Obligation Refunding Bonds. Click here to view the report.

  9. AM Best Withdraws Credit Ratings of Armed Forces Insurance Exchange
    Business Wire | 06/15/22 09:27 AM EDT

    AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Armed Forces Insurance Exchange. The ratings reflect AFIE?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.

  10. AM Best Revises Issuer Credit Rating Outlook to Stable for Kenya Reinsurance Corporation Limited
    Business Wire | 06/15/22 09:14 AM EDT

    AM Best has revised the outlook of the Long-Term Issuer Credit Rating to stable from negative and affirmed the Financial Strength Rating of B and the Long-Term ICR of ?bb+? of Kenya Reinsurance Corporation Limited.

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.

fir_news_results