News Results

  1. AM Best Downgrades Credit Ratings of Lincoln National Corporation and its Subsidiaries
    Business Wire | 11/09/22 10:23 AM EST

    AM Best has downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to ?a+? from ?aa-? of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life & Annuity Company of New York. Additionally, AM Best has downgraded the Long-Term ICR to ?bbb+? from ?a-? of LNC.

  2. AM Best Affirms Credit Ratings of XL Bermuda Ltd and Its Subsidiaries
    Business Wire | 11/09/22 09:55 AM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of XL Bermuda Ltd and its subsidiaries..

  3. AM Best Affirms Credit Ratings of ZhongAn Online P&C Insurance Co., Ltd.
    Business Wire | 11/09/22 09:25 AM EST

    AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of ZhongAn Online P&C Insurance Co., Ltd.. The outlook of these Credit Ratings is stable.

  4. AM Best Affirms Credit Ratings of Selective Insurance Group, Inc. and Its Subsidiaries
    Business Wire | 11/08/22 05:20 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the pooled members of Selective Insurance Group (SIGI). The ratings reflect Selective?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

  5. Zoetis Announces Pricing of $1.35 Billion of Senior Notes
    Business Wire | 11/08/22 05:20 PM EST

    Zoetis Inc. (ZTS) today announced that it has agreed to sell $1.35 billion of senior notes, consisting of $600 million aggregate principal amount of 5.400% senior notes due 2025 and $750 million aggregate principal amount of 5.600% senior notes due 2032, in an underwritten public offering.

  6. AM Best Upgrades Issuer Credit Rating of Peace Hills General Insurance Company
    Business Wire | 11/08/22 03:30 PM EST

    AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Peace Hills General Insurance Company. The ratings reflect Peace Hills? balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  7. NMG Announces the Closing of US$50 Million Private Placement by Mitsui, Pallinghurst and Investissement Qu?bec
    Business Wire | 11/08/22 02:35 PM EST

    Nouveau Monde Graphite Inc. (NMG) announces it has closed its private placement announced on October 20, 2022 of unsecured convertible notes for aggregate gross proceeds of US$50 million in accordance with the subscription agreements entered into between the Company and each of Mitsui & Co., LTD, Pallinghurst Bond Limited and Investissement Qu?bec on October 19, 2022.

  8. Humana Prices $1.25 Billion Debt Offering
    Business Wire | 11/07/22 08:45 PM EST

    Humana Inc. (HUM) announced today that it has priced a public offering of $1.25 billion in aggregate principal amount of senior notes. The company expects net proceeds from the Senior Notes Offerings will be approximately $1.232 billion after deducting underwriters? discounts and estimated offering expenses.

  9. BXP Prices $750 Million Offering of Green Bonds
    Business Wire | 11/07/22 06:04 PM EST

    Boston Properties, Inc. (BXP) , the largest publicly traded developer, owner and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership, has agreed to sell $750 million of 6.750% senior unsecured notes due 2027 in an underwritten public offering through BofA Securities, Inc., J.P. Morgan Securities LLC, U.S. Bancorp In...

  10. Assured Guaranty Ltd. Reports Results for Third Quarter 2022
    Business Wire | 11/07/22 04:26 PM EST

    HAMILTON, Bermuda---- Assured Guaranty Ltd. (AGO) announced today its financial results for the three-month period ended September 30, 2022. ?Assured Guaranty (AGO) performed well during the third quarter of 2022. ?In U.S. public finance, we saw strong demand for Assured Guaranty?s secondary market bond insurance where we wrote more insured par than in any first nine-month period of the last decade.

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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