AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of C and the Long-Term ICR of ?ccc? of Cooperativa de Seguros de Vida de Puerto Rico.
Ventas, Inc. (VTR) announced today that its wholly owned subsidiary, Ventas Realty, Limited Partnership, has priced an underwritten public offering of $500 million aggregate principal amount of 5.100% Senior Notes due 2032 at an issue price equal to 99.391% of the principal amount of the Notes.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICRs of ?bbb+? for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Company and its wholly owned subsidiary, AgSecurity Insurance Company, collectively referred to as Oklahoma Farm Bureau.
In a major step toward protecting the integrity of the U.S. housing finance system, Fannie Mae CEO Priscilla Almodovar, FHFA Director Bill Pulte, and Palantir Technologies CEO Alex Karp have joined forces in a coordinated initiative to combat mortgage fraud across the homebuying process. This press release features multimedia.
Federal Home Loan Bank of Atlanta and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc. The grant will be used to prevent and resolve heirs? property issues that arise when home or landowners leave their property to others without a clear will, estate plan, title or deed.
Civitas Resources, Inc. (CIVI) today announced that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2032 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
Taktile, a leading provider of decision automation software for banks and fintechs, announced today that it has been recognized as a member of the World Economic Forum?s Global Innovators Community?an invitation-only group of the world?s most promising technology leaders.
Matador Resources Company (MTDR) and its midstream affiliate, San Mateo Midstream, LLC today announced the successful start up of San Mateo?s Marlan cryogenic natural gas processing plant expansion in Eddy County, New Mexico.
SmartStop Self Storage REIT, Inc. (SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced that DBRS, Inc. has assigned an Issuer Rating of BBB with a Stable trend to SmartStop OP, L.P., the operating partnership of SmartStop.
KBRA assigns a long-term rating of A to the City of Joliet, IL Waterworks and Sewerage System's Senior Lien WIFIA Loan Phase III for the Alternative Water Supply Program. Key Credit Considerations The rating was assigned and affirmed because of the following key considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Republic Insurance Company Limited. The ratings reflect Republic Insurance?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Avolon Holdings Limited, a leading global aviation finance company, announces that S&P Global Ratings has upgraded the outlook for its issuer and senior unsecured rating of BBB- from stable to positive outlook. Earlier this month Fitch Ratings upgraded Avolon?s rating from BBB- to BBB, and Moody?s Ratings upgraded Avolon from Baa3 to Baa2.
Well positioned to address remaining $29 million of the 2026 notes with balance sheet cash and proceeds from the transaction Porch Group, Inc. (PRCH), a new kind of homeowners insurance company, today announced the completion of its previously announced refinancing transactions, retiring all but approximately $29 million of the Company?s outstanding 0.75% Convertible Senior Unsecured Notes due 2026.
AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of Asian Reinsurance Corporation. The ratings reflect Asian Re?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.
Regulatory News: CTP N.V., Europe?s largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, announces that Moody's Ratings has affirmed its Baa3 long-term issuer rating and senior unsecured rating of CTP. The positive change of the outlook reflects CTP?s strong and resilient business profile and robust occupier demand.
The Latino Donor Collaborative today released preliminary data of its 2025 Official LDC U.S. Latino GDP Report?, the eighth edition of its annual report. The findings confirm that Latinos are not only vital to U.S. prosperity, they are its most dynamic growth engine.
CareTrust REIT, Inc. (CTRE) announced today that Fitch Ratings has upgraded the Company?s issuer default rating and issue-level ratings to BBB- with a stable outlook.
DoorDash, Inc. (DASH), a leading local commerce platform globally, today announced the pricing of $2.5 billion aggregate principal amount of 0% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended.
Ladder Capital Corp (LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade rating from Moody's Ratings. This upgrade follows Ladder?s investment grade rating from Fitch Ratings on May 21, 2025, when the Company became the only commercial mortgage REIT to achieve an investment grade rating.
CDBL FUNDING 1, a wholly owned subsidiary of CDB Aviation Lease Finance Designated Activity Company, successfully priced a dual-tranche offering of senior unsecured notes totaling USD 700 million on May 20, 2025.
Regulatory News: Mercialys, the leading REIT for accessible retail in France, has today successfully placed a new bond issue for a nominal total of Euro 300 million, with a 7-year maturity and 4.0% coupon. The issue was 5 times oversubscribed, reflecting investors? confidence in the Company?s credit profile.
SAN FRANCISCO---- DoorDash, Inc. (DASH), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion 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 U.S. Securities Act o...
Vista de Socorro to Serve Disabled and At-Risk Communities. Representatives from the Federal Home Loan Bank of Dallas and Southwest Capital Bank attended a ribbon cutting ceremony yesterday for Vista de Socorro Apartments. This press release features multimedia.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A+ and the Long-Term ICR of ?aa-? of MS Amlin AG.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? and upgraded the Long-Term Issue Credit Ratings on the unsecured debt and preferred equity of Fairfax Financial Holdings Limited (FRFHF) [TSX: FFH]. In addition, AM Best has upgraded the Long-Term ICRs to ?a-? from ?bbb+? of Fairfax Inc. and Zenith National Insurance Corp., both of which are indirectly, wholly owned downstream ...
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a+? of Royal Bank of Canada Insurance Company Ltd.. The outlook of these Credit Ratings is stable.
Funds Address Critical Need for Repairs and Storm-Resistant Roofs Representatives from the Federal Home Loan Bank of Dallas and Bonvenu Bank celebrated awarding $351,264 in FHLB Dallas FORTIFIED and Disaster Rebuilding Assistance grants at a media event today celebrating the grand opening of Bonvenu's new branch in Mandeville, Louisiana. This press release features multimedia.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Intact Insurance Company, the lead company of Intact Financial Corporation (IFCZF) [TSX: IFC], as well as the core insurance subsidiaries of IFC.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of New Zealand Medical Indemnity Insurance Limited. The ratings reflect NZMII?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Berkeley Re Designated Activity Company. The ratings reflect Berkeley Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Ladder Capital Corp (LADR), a leading commercial real estate finance REIT, announced today that the Company received an investment grade credit rating from Fitch Ratings. Notably, Ladder solidified its market-leading position by becoming the only commercial mortgage REIT with an investment grade rating. ?We are pleased with Fitch?s investment grade rating, one of our long-standing strategic goals.
KBRA assigns ratings to nine serial bonds and one term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2025A, a $60.0 million asset-backed securitization collateralized by residential solar loans and home improvement loans originated by New York State Energy Research and Development Auth...
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2032 in an aggregate principal amount of ?500.0 million. The net proceeds of the offering are expected to be ?496.8 million, after deducting underwriting discounts and estimated offering expenses.
KBRA assigns a long-term rating of A- to the City of Chicago, IL: General Obligation Bonds, Series 2025A; General Obligation Bonds, Series 2025B; General Obligation Bonds, Series 2025C; General Obligation Bonds, Taxable Series 2025D; General Obligation Bonds, Series 2025E; General Obligation Bonds, Series 2025F; and, General Obligation Bonds, Taxable Series 2025G.
AM Best has assigned indicative Long-Term Issue Credit Ratings of ?a-? to senior unsecured issues, ?bbb+? to subordinated issues, and ?bbb? to preferred stock to the recently filed shelf registration of MetLife, Inc. [NYSE: MET]. The outlook assigned to these Credit Ratings is stable.
BERLIN---- Regulatory News: TME Pharma N.V., a clinical-stage biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment, announces today that its financial visibility will be extended into May 2026 through the issuance of regular bonds to professional investors with an aggregated nominal value of ?2.05 million.
Residents Will Have Access to Robust Support Services. The Federal Home Loan Bank of Dallas and Texas Capital joined Covenant House Texas, community partners and local leaders on Friday to celebrate the opening of Covenant House, a safe haven for youth aged 18-24. This press release features multimedia. The funds are critical to completing this project and reducing homelessness in Houston.
***11:00 a.m., Wednesday, May 28, 8522 Glade Drive, Temple, Texas, 76502*** Representatives from the Federal Home Loan Bank of Dallas and First Heroes National Bank will attend a ceremonial check presentation for a U.S. Army Veteran, at 11:00 a.m., Wednesday, May 28, 2025.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
House Prices Nationally Continue to Decelerate ?Slowing price appreciation offers hope for potential home buyers, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its April 2025 Home Price Index report.
The Federal Home Loan Bank of Chicago recently released its 2024 Community Investment Advisory Council Report, highlighting the impact of the Bank?s community investment programs and the leadership of its CIAC.
IXS proudly announces the launch of BTC Real Yield, the world?s first product offered by a regulated and licensed platform that enables Bitcoin holders to earn yield from real-world assets, such as tokenized U.S. Treasuries, money market funds, and other fixed-income assets, without selling their BTC. This press release features multimedia.
?. 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 6.33. POOL FACTOR.
Reduces 2026 Debt Maturity to $29 Million Porch Group, Inc. (PRCH), a new kind of homeowners insurance company, today announced a delevering transaction with the privately negotiated repurchase of $144.3 million aggregate principal amount of its 0.75% Convertible Senior Notes due 2026 and the concurrent pricing of a private offering of $134.0 million aggregate principal amount of newly issued 9.00% Co...
KBRA assigns a long-term rating of AA to the Metropolitan Government of Nashville and Davidson County's Water and Sewer Revenue Refunding and Improvement Bonds, Series 2025. Key Credit Considerations The rating was assigned/affirmed because of the following key considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
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.