AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Acerta Compa?ia de Seguros, S.A.. The outlook of these Credit Ratings is stable. The ratings reflect Acerta?s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has revised the outlook to stable from positive for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb? of Life Insurance Company of Alabama.
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb+? of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.
The Seam, a leading provider of food and agribusiness software and commodity trading solutions, today announced that its Chairman and CEO Mark Pryor has been appointed to the Agribusiness Industry Council of the Federal Reserve Bank of St. Louis. The St. Louis Fed established its District Industry Councils in 2006 to gather insights on economic conditions across key industry sectors.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of ?a-? of Sagicor Life Inc. and Sagicor General Insurance Inc., Sagicor Life Insurance Company and ivari.
Grant Fuels DC CAP?s Goal to Achieve an 80% College Graduation Rate for D.C. Students by 2050 The Sallie Mae Fund today announced a $50,000 grant to the DC College Access Program to support its annual College Signing Day celebration and its broader mission to increase higher education access and completion rates for students across the District.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of National Indemnity Company and its affiliates. The ratings reflect National Indemnity?s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterprise risk management.
Phillips 66 today responded to a letter released by Gregory J. Goff to Phillips 66 Shareholders. ?Gregory Goff is clearly affiliated with Elliott Management. About Phillips 66 Phillips 66 is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy.
?. Santander UK PLC. Issue of GBP 1,250,000,000.00. Floating rate covered bond due July 2027. Series 84 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. GBP 15,906,301.37. POOL FACTOR.
?. Santander UK PLC. Issue of GBP 1,500,000,000.00. Floating Rate Covered Bonds due Jan 2028. Series 80 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. GBP 21,929,753.42. POOL FACTOR.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group [NYSE: CI]. In addition, AM Best has affirmed the Long-Term ICR of ?bbb+? and the Long-Term Issue Credit Ratings of Cigna.
Paychex, Inc. (PAYX) today announced the pricing of a public offering of $4.2 billion aggregate principal amount of senior notes, consisting of $1.5 billion aggregate principal amount of 5.100% notes due 2030, $1.5 billion aggregate principal amount of 5.350% notes due 2032, and $1.2 billion aggregate principal amount of 5.600% notes due 2035.
TriplePoint Venture Growth BDC Corp. (TPVG), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. has confirmed the Company?s investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB.
Third Consecutive Upgrade Reflects Strong Financial Position, Growth Strategy, and Clinical Excellence The Prime Healthcare Foundation, one of the nation?s largest nonprofit health systems, has received a credit rating upgrade from Fitch Ratings to A- from BBB+ for both its Issuer Default Rating and Revenue Bond Credit, with a Stable Outlook.
Webcast Scheduled for Thursday, April 24, at 5:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will release first-quarter 2025 financial results after market close on Thursday, April 24, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.
VICI Properties Inc. (VICI) announced today that its subsidiary, VICI Properties L.P., has completed its public offering of $1.3 billion in aggregate principal amount of senior unsecured notes consisting of: The Issuer intends to use the net proceeds from the offering to repay its outstanding $500.0 million in aggregate principal amount of 4.375% senior notes due 2025, $799.4 million in aggregate prin...
Regulatory News: Tikehau Capital announces the successful placement of a new bond issue for a total amount of ?500 million due April 2031. The strong investor demand, with an oversubscription of 2.8 times, reflects the Company?s solid credit profile and investor confidence in a challenging market environment.
KBRA assigns a long-term rating of AA+ to the City of New York, NY Tax-Exempt General Obligation Bonds, Fiscal 2025 Series G Subseries G-1; Taxable General Obligation Bonds, Fiscal 2025 Series H; and Tax-Exempt General Obligation Bonds Fiscal 2012 Series D, Subseries D-3A. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives.
The Federal Home Loan Bank of Dallas is excited to announce its 2025 Community Area Revitalization Efforts Award recipient. This press release features multimedia. Each year, FHLB Dallas recognizes a member or members that support affordable housing and other community investment programs using FHLB Dallas grants and advances.
KBRA releases the March 2025 issue of CMBS Trend Watch. Amid prevailing economic and political uncertainty, U.S. CMBS private label issuance exhibited continued strength. In March, KBRA published pre-sales for eight deals including five conduits, two SBs, and one Freddie Mac. This month?s edition also highlights recent KBRA research publications that cover various topical issues.
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.
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
Menu
Welcome to the Fidelity Assistant!
Start typing and we'll suggest a few topics for you. You can also enter a simple question or phrase, and we'll offer our best answer.