Alphatec Holdings, Inc. (ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced the pricing of its offering of $350,000,000 aggregate principal amount of 0.75% convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Walker & Dunlop, Inc. (WD) announced today that it priced its previously announced offering of $400 million aggregate principal amount of senior unsecured notes due 2033 in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended. The notes will bear interest at a rate equal to 6.625% per annum and will be issued at par.
AM Best has downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to ?a+? from ?aa-? of Vermont Mutual Insurance Company and its fully reinsured subsidiaries, Northern Security Insurance Company, Inc., and Granite Security Insurance Company.
AM Best has assigned a Financial Strength Rating of A+ and a Long-Term Issuer Credit Rating of ?aa-? to Chubb Seguros de Vida Chile S.A.. The outlook assigned to these Credit Ratings is stable.
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 $1.231 billion after deducting underwriters? discounts and estimated offering expenses.
Alcoa Corporation (AA) announced today that Alumina Pty Ltd, a wholly-owned subsidiary of Alcoa (AA), has priced an offering of $1,000,000,000 aggregate principal amount of senior notes.
Alphatec Holdings, Inc. (ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Tender Expiration Date of March 10, 2025 Remains Unchanged Office Properties Income Trust (OPI) today announced certain amendments to its previously announced private exchange offers to exchange its outstanding senior unsecured notes due 2026, 2027 and 2031 for new 8.000% Senior Priority Guaranteed Unsecured Notes due 2030 and related guarantees pursuant to the terms and conditions set forth in the O...
Walker & Dunlop, Inc. (WD) announced today that it intends to offer $400 million aggregate principal amount of senior unsecured notes due 2033 in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Alcoa Corporation (AA) announces that its wholly-owned subsidiary, Alcoa Nederland Holding B.V., has commenced the following offers to purchase: ANHBV?s offer to purchase for cash any and all outstanding 5.500% senior unsecured notes due 2027 issued by ANHBV, fully guaranteed on an unsecured basis by Alcoa (AA): __________________ ?. The applicable page on Bloomberg from which the Dealer Managers will q...
Alcoa Corporation (AA) announced today a proposed offering of $1,000,000,000 aggregate principal amount of senior notes by Alumina Pty Ltd, a wholly-owned subsidiary of Alcoa.
Ninth catastrophe bond issuance in the SageSure-supported Gateway Re series is structured to provide broad coverage for SURE and SafeChoice Insurance Company.
WEX Inc. (WEX), the global commerce platform that simplifies the business of running a business, today announced that it had priced and upsized its previously announced offering of $550 million in aggregate principal amount of its new 6.500% senior unsecured notes due 2033 in a private offering that is exempt from registration under the Securities Act of 1933, as amended.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Mexico National Scale Rating of ?aa.MX? of Fianzas Avanza S.A de C.V.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb+? and the India National Scale Rating of aaa.IN of ICICI Lombard General Insurance Company Limited.
Moonbeam Foundation, a leader in blockchain innovation, is proud to announce a groundbreaking partnership with Colb Asset SA, aimed at making premium wealth management accessible on-chain. Colb?s CMT provides access to a diversified portfolio of multi-asset investments?spanning equities, government and corporate bonds, and alternatives?all actively managed by NS Partners SA.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Aliado Seguros S.A.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Aliado?s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
RenaissanceRe Holdings Ltd. (RNR/PF) announced today that its joint venture, DaVinciRe Holdings Ltd., has agreed to sell in a private debt offering $300 million aggregate principal amount of 5.950% Senior Notes due 2035.
Reinsurance Group of America, Incorporated (RGA) announced today that it has priced an aggregate principal amount of $700 million of 6.650% Fixed-Rate Reset Subordinated Debentures due 2055 pursuant to an underwritten registered public offering.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of the life/health insurance subsidiaries of CNO Financial Group, Inc. [NYSE: CNO]. These subsidiaries are collectively referred to as CNO Financial Group.
The Cheesecake Factory Incorporated (CAKE) today announced the pricing of its offering of $500,000,000 aggregate principal amount of 2.00% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Selective Insurance Group, Inc. (SIGI) today announced that it closed an offering of $400 million aggregate principal amount of its 5.900% Senior Notes due 2035. Net proceeds from the offering are expected to be used for general corporate purposes, including to support organic growth opportunities.
WEX Inc. (WEX), the global commerce platform that simplifies the business of running a business, today announced that it has commenced an offering of $500 million in aggregate principal amount of new senior unsecured notes due 2033 in a private offering that is exempt from registration under the Securities Act of 1933, as amended.
The Cheesecake Factory Incorporated (CAKE) today announced its intention to offer, subject to market and other conditions, $450,000,000 aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Ma?aden Re Limited, a captive reinsurer of Saudi Arabian Mining Company. The ratings reflect MRE?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.
Office Properties Income Trust (OPI) today announced certain amendments to its previously announced private exchange offers to exchange its outstanding senior unsecured notes due 2026, 2027 and 2031 for new 8.000% Senior Priority Guaranteed Unsecured Notes due 2030 and related guarantees pursuant to the terms and conditions set forth in the Offering Memorandum, dated as of February 7, 2025, and as su...
Strategy? today announced that it completed its previously announced offering of its 0% convertible senior notes due 2030. The notes are senior, unsecured obligations of Strategy.
Expedia Group, Inc. (EXPE) today announced that it has closed a registered public offering of $1 billion aggregate principal amount of unsecured 5.400% Senior Notes due 2035. The net proceeds from the Senior Notes Offering were approximately $985 million, after deducting discounts and estimated offering expenses payable by Expedia Group.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of the members of Government Employees Group. Concurrently, AM Best has affirmed the Long-Term ICR of ?aaa? of the intermediate holding company, GEICO Corporation.
TransMontaigne Partners LLC today announced the closing of its offering of $500 million aggregate principal amount of 8.500% senior unsecured notes due 2030 at an issue price of 100% in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Himalayan Reinsurance Limited. The ratings reflect Himalayan Re?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 Equitable Financial Life Insurance Company of America and Equitable Financial Life Insurance Company.
MALAKOFF, France---- Regulatory News: This press release must not be published, distributed, or disseminated, directly or indirectly, in the United Kingdom, the United States of America, Australia, Canada, or Japan.
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa-? from ?a+? of Permanent General Assurance Corporation, Permanent General Assurance Corporation of Ohio, and General Automobile Insurance Company.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? for the members of Mercury Casualty Group.
Strategy? today announced the pricing of its offering of $2.0 billion aggregate principal amount of its 0% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Strategy.
?. Australia and New Zealand Banking Group. Issue of EUR 1,500,000,000.00. Floating Rate Senior Unsecured Notes due May 2027. Series no 2123 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 1,000.00 IS EUR 7.24. POOL FACTOR.
D.R. Horton, Inc. (DHI), America?s Builder, announced that it has priced a registered underwritten public offering of $700 million aggregate principal amount of 5.500% senior notes due 2035.
Albertsons Companies, Inc. (ACI) today announced the pricing of its private offering of $600 million aggregate principal amount of its 6.250% senior notes due 2033.
Energy Transfer LP (ET) today announced the pricing of its offering of $650 million aggregate principal amount of 5.200% senior notes due 2030, $1.250 billion aggregate principal amount of 5.700% senior notes due 2035 and $1.100 billion aggregate principal amount of 6.200% senior notes due 2055 at prices to the public of 99.796%, 99.872% and 99.398%, respectively, of their face value.
RenaissanceRe Holdings Ltd. (RNR/PF) announced today that it has agreed to sell in an underwritten public offering $500 million aggregate principal amount of 5.800% Senior Notes due 2035. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include the redemption, repayment or refinancing of certain indebtedness.
Strategy? today announced that it intends to offer, subject to market conditions and other factors, $2.0 billion aggregate principal amount of its 0% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended.
Demand for enhanced sweeps session-based protocol for corporate bonds increases in Fourth Quarter Intercontinental Exchange (ICE), a leading global provider of technology and data, today announced record 2024 trading volume for corporate bonds, municipal bonds and agencies trading on ICE Bonds.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of RSUI Indemnity Company and its reinsured subsidiaries, collectively referred to as RSUI Group.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Gulf Insurance Limited. The ratings reflect Gulf?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
Office Properties Income Trust (OPI) today announced that it has supplemented the Offering Memorandum dated as of February 7, 2025 with respect to its previously announced private exchange offers to exchange its outstanding senior unsecured notes due 2026, 2027 and 2031 for new 8.000% Senior Priority Guaranteed Unsecured Notes due 2030 and related guarantees pursuant to the terms and conditions set f...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company.
AM Best has upgraded the Long-Term Issuer Credit Ratings to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Nassau Life Insurance Company, Nassau Life and Annuity Company and Nassau Life Insurance Company of Kansas.
AM Best has downgraded the Financial Strength Rating to B from B++ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb? of Momentum Life Limited. This rating action follows Momentum Life?s weakened current capital position and the material uncertainty related to the company?s future capital adequacy to support its operations.
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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