Credit ratings giant S&P Global has said it is reviewing all its macro economic forecasts in the wake of Donald Trump's sweeping world trade tariffs this week, a move likely to fuel concerns of a renewed wave of credit score downgrades.
* Revised forecasts due next week, inflation jump seen. * Impact on US GDP will depend on retaliation, S&P says. * Cut to forecasts feeds rating downgrade expectations. By Marc Jones.
Use of proceeds to be split between capital expenditure to fund two ongoing projects on the Geoquip Silvretta and the Geoquip Elena vessels; general corporate purposes and repayment of existing debt Geoquip Marine, a global leader in offshore geotechnical solutions and a Njord Partners portfolio company, is pleased to announce today it has successfully closed a ?100million bond offering.
Italy's pledges to increase defence spending to help Ukraine could scupper government efforts to rein in the mammoth public debt, analysts say, posing a threat to the creditworthiness of the euro zone's third-largest economy.
Fitch: * FITCH: NEGATIVE OUTLOOK REFLECTS VIEW THAT SOUTHWEST AIRLINES MAY SHIFT TO A LESS CONSERVATIVE CAPITAL ALLOCATION & FINANCIAL POLICY. * FITCH: SOUTHWEST AIRLINES OUTLOOK REFLECTS VIEW THAT ONGOING STRATEGIC CHANGES HAVE POTENTIAL TO IMPACT COMPETITIVE POSITION VERSUS NETWORK CARRIERS.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the members of The Progressive Corporation [NYSE: PGR]. Additionally, AM Best has affirmed the Long-Term ICR of ?a? of Progressive, the parent holding company, and all of the Long-Term Issue Credit Ratings of Progressive?s senior unsecured issuances.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Sun Life Assurance Company of Canada and Sun Life and Health Insurance Company. Additionally, AM Best has affirmed the FSR of A and the Long-Term ICR of ?a? of Independence Life and Annuity Company, a strategic subsidiary of SLF.
- Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast, Fitch said, adding that there is uncertainty about their impact.
- Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast, Fitch said, adding that there is uncertainty about their impact.
WTMU and WTMY utilize a time-tested bond investment strategy to leverage the diverse opportunities in the municipal bond market WisdomTree, Inc. (WT), a global financial innovator, today announced the launch of the WisdomTree Core Laddered Municipal Fund and WisdomTree High Income Laddered Municipal Fund on the Nasdaq, with expense ratios of 0.25% and 0.35%, respectively.
?. City Of Goteborg. SEK 650,000,000.00 MTN. Floating Rate Green Bonds due 2028. Series GB25 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. SEK 4,620,272.22. POOL FACTOR. View source version on businesswire.com: https://www.businesswire.com/news/home/20250402033181/en/ Source: Deutsche Bank AG.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Compagnie Commune de R?assurance des Etats Membres de la CIMA. The ratings reflect CICA-RE?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management.
AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of FAIR Oil & Energy Insurance Syndicate. The ratings reflect the Syndicate?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the recently issued CAD 300 million, 4.645% senior unsecured medium-term notes, due 2060, issued by Intact Financial Corporation. The Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of IFC?s operating subsidiaries and all other ratings of its outstanding issuances remain unchanged.
* Bond giant PIMCO turns a little more cautious on dollar. * Says U.S. could see a ratings downgrade this year. * Says high U.S. debt levels could cause more problems. By Yoruk Bahceli.
BitMEX co-founder Arthur Hayes has predicted that Bitcoin could reach $250,000 by the end of 2025. He cites the Federal Reserve's pivot toward purchasing more US Treasury bonds and a broader return to fiscal dominance as primary catalysts for a new Bitcoin bull cycle.
PIMCO has turned a "little bit more cautious" on the dollar in recent months and was a touch underweight the U.S. currency across portfolios, the bond giant's group chief investment officer Daniel Ivascyn said on Wednesday. The dollar index has shed nearly 4% so far this year on growing concerns that U.S. tariff uncertainty raises recession risks for the world's biggest economy.
With U.S. markets in turmoil, the Oracle of Omaha is once again turning his gaze eastward, with Berkshire Hathaway Inc. planning a new round of Yen-denominated bonds, which it plans to invest primarily in five Japanese trading companies, in which it already maintains a sizable position.
SAN DIEGO, April 1, 2025 Realty Income Corporation (O), The Monthly Dividend Company?, today announced the pricing of a public offering of $600 million of 5.125% senior unsecured notes due 2035.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of The Penn Mutual Life Insurance Company and its wholly owned subsidiaries, The Penn Insurance and Annuity Company and The Penn Insurance and Annuity Company of New York.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of the Joint-Stock Company Subsidiary of Halyk Bank of Kazakhstan Halyk Insurance Company.
Updates prices every 30 seconds for ~22,000 U.S. dollar-denominated corporate bonds ??. NEW YORK, April 1, 2025 ?Trumid, a financial technology company and fixed income electronic trading platform, announced its enhanced Fair Value Model Price predictive pricing model for corporate bonds, providing users with an intelligent tool for pre-trade analysis, automation, market-making, portfolio manag...
TORONTO, April 1, 2025 CanDeal, the leading institutional electronic marketplace for Canadian rates, corporate bonds, money markets and derivatives, announces the integration of Corporate Matrix Pricing on its Evolution fixed income trading platform.
Liska to Help Drive Go-Forward Financial and Operational Strategy Elects to Enter Grace Period for Interest Payment Due on 11.75% Senior Unsecured Notes Due 2028 Retains Experienced Advisor Team to Support Ongoing Capital Structure Discussions with Key Financial Partners HOUSTON---- Sunnova Energy International Inc. (NOVA), an industry-leading adaptive energy services company, today announced a series...
AM Best has commented that the Long-Term Issue Credit Rating of ?bbb? on the $1.25 billion 5.375% senior unsecured notes, due 2031, originally issued on March 13, 2024, by Humana Inc. [NYSE: HUM] remains unchanged despite the additional notes being added as part of the same series.
Fitch: * FITCH AFFIRMS ISRAEL AT 'A'; OUTLOOK NEGATIVE. * FITCH: EXPECT ISRAEL WILL REMAIN HEAVILY INVOLVED IN GAZA OVER MEDIUM TERM. * FITCH: ISRAEL'S NEGATIVE OUTLOOK REFLECTS RISING PUBLIC DEBT, DOMESTIC POLITICAL, GOVERNANCE CHALLENGES, UNCERTAIN PROSPECTS FOR CONFLICT IN GAZA.
Navigator Holdings Ltd. (NVGS), the owner and operator of the world?s largest fleet of handysize liquefied gas carriers, announces that on March 28, 2025 it successfully completed a US$40 million tap issue in the Nordic bond market under its outstanding 7.25% senior unsecured bond issue due to mature in October 2029, with ISIN NO0013379446. The borrowing limit under the Bonds is US$200 million.
Amplify Energy Corp. (AMPY) has mandated Arctic Securities AS and DNB Markets, a part of DNB Bank ASA, as joint bookrunners to arrange a series of fixed income investor meetings commencing March 31, 2025. The net proceeds from the Contemplated Bond Offering is expected to be applied towards partial repayment of the Company?s reserve-based lending facility and general corporate purposes.
Moody's: * MOODY'S: UK'S MOVES TO RESTORE BUDGET HEADROOM REFLECT DIFFICULT FISCAL OUTLOOK. * MOODY'S: UK CHANCELLOR'S STATEMENT'S MEASURES DO NOT CHANGE OUR VIEW OF UK'S CREDIT QUALITY & DIFFICULT FISCAL CONSOLIDATION PROSPECTS. * MOODY'S: OUR UK DEFICIT FORECAST FOR 2025 IS BROADLY IN LINE WITH OBR'S, BUT WE EXPECT THE PACE OF FISCAL CONSOLIDATION TO SLOW IN THE COMING YEARS.
TORONTO, March 28, 2025 Russel Metals Inc. (RUSMF) announces that it has closed its previously announced offering of $300 million aggregate principal amount of 4.423% senior unsecured notes due 2030. About Russel Metals Inc. (RUSMF) Russel Metals (RUSMF) is one of the largest metals distribution companies in North America with a growing focus on value-added processing.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Lone Peak Insurance Company. The Credit Ratings reflect Lone Peak?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.
KBRA assigns ratings of BBB to Stone Point Credit Corporation's $60 million, 6.03% senior unsecured notes due 2028 and its $240 million, 6.26% senior unsecured notes due 2030.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa?, and the Mexico National Scale Rating of ?aaa.MX? of Allianz M?xico, S.A., Compa??a de Seguros.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Allianz SE and its rated subsidiaries. The ratings reflect Allianz?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa?, of Allianz Global Corporate & Specialty Resseguros Brasil S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb? of American Health and Life Insurance Company and Triton Insurance Company. The ratings of AHLIC reflect its balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
Core Natural Resources Inc (CNR): * CORE NATURAL RESOURCES ANNOUNCES COMPLETION OF HIGHLY SUCCESSFUL REFINANCING EFFORT. * CORE NATURAL RESOURCES (CNR) : AS PART OF REFINANCING EFFORT, CO INCREASED TOTAL BOND AMOUNT FROM $276 MILLION TO $307 MILLION. * CORE NATURAL RESOURCES (CNR) : ESTABLISHED A 10-YEAR INITIAL TERM FOR NOW UNSECURED BONDS, WHICH MATURE IN MARCH 2035 Source text: Further company coverage:
Prospect Capital Corporation (PSEC) today announced that Morningstar DBRS has reaffirmed Prospect?s investment grade issuer and?long term senior debt credit ratings at BBB, and assigned a revised trend of Stable.
CANONSBURG, Pa., March 28, 2025 Today, Core Natural Resources, Inc. (CNR) announced that it had completed a highly successful refinancing of tax-exempt bonds previously issued by CONSOL Energy, Inc. and Arch Resources, Inc.. CONSOL and Arch merged to form Core Natural Resources, Inc. (CNR) in January 2025.
Regulatory News: Tikehau Capital announces today the launch of a tender offer on its existing ?500,000,000 2.25% bonds issued on 14 October 2019 and maturing on 14 October 2026. In parallel, the Company announces its intention to issue Euro denominated fixed rate bonds, subject to market conditions.
GameStop Corp. (GME), today announced the pricing of $1.3 billion aggregate principal amount of 0.00% 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.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Black Gold Re Limited. The Credit Ratings reflect BGRe?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.
BlackRock Inc (BLK) broadened its fixed-income lineup with two new target maturity ETFs. The iShares iBonds Dec 2035 Term Corporate ETF (IBCA) and the iShares iBonds Oct 2035 Term TIPS ETF (IBIL) blend the features of conventional bonds with the convenience of stock-like trading. Both IBCA and IBIL, which launched Wednesday, can be useful parts of a bond ladder strategy.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb? of Revol One Insurance Company.
As GameStop Corp. (GME) has announced a convertible bond offering to acquire Bitcoin , mirroring Strategy Inc.?s plan, experts explain why investors would buy a bond with a 0% coupon.
Seanergy Maritime Holdings Corp. (SHIP), through Norwegian investment banks, will arrange a series of fixed income investor meetings in the Nordic bond market, commencing March 28, 2025. A four-year USD denominated senior unsecured bond issue may follow, subject to inter alia market conditions.
ST. LOUIS, March 26, 2025 Union Electric Company, doing business as?Ameren Missouri, a subsidiary of Ameren Corporation (AEE), announced today the pricing of a public offering of $500 million aggregate principal amount of 5.25% first mortgage bonds due 2035 at 99.975% of their principal amount.
Toromont Industries Ltd (TMTNF): * TOROMONT PRICES PRIVATE OFFERING OF CDN$300 MILLION 3.76% SENIOR UNSECURED NOTES DUE 2030 Source text: Further company coverage:
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.