KBRA assigns a long-term rating of AAA to the Dallas Independent School District, TX: Unlimited Tax School Building Bonds, Series 2026A; and Variable Rate Unlimited Tax School Building Bonds, Series 2026B.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? of Min Xin Insurance Company Limited.
PennyMac Mortgage Investment Trust (PMT) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 to an investor in a direct placement registered under the Securities Act of 1933, as amended.
Completed 66 Hotel Sales for Approximately $534 Million in Gross Proceeds during Fourth Quarter to Date Announces Partial Early Redemption of Senior Unsecured Notes due February 2027 Service Properties Trust (SVC) today provided an update on its hotel dispositions and recent actions to strengthen its balance sheet.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? of Seguros e Inversiones, S.A. . The outlooks of these Credit Ratings have been revised to stable from positive.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Patria Re, Inc.. The outlook of these Credit Ratings is stable. The ratings reflect Patria US?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 upgraded the Long-Term Issuer Credit Ratings to ?aa? from ?aa-? and affirmed the Financial Strength Rating of A+ of Arch Reinsurance Ltd. and its strategic affiliates.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Irwell Insurance Company Limited. The Credit Ratings reflect Irwell?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.
The Federal Home Loan Bank of Pittsburgh, in conjunction with its housing finance agency partners, announced that $8.4 million in Home4Good grants have been awarded this year to support 110 programs in Delaware, Pennsylvania and West Virginia in the fight against homelessness.
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of FHM Insurance Company. The Credit Ratings reflect FHM?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
?Local market performance varies widely, with a growing divide in appreciation levels between Rust Belt and Sun Belt markets, 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 November 2025 Home Price In...
Socure, the AI-first platform for global identity and risk decisioning, has announced today that it has joined the World Economic Forum?s Unicorn Community, an exclusive invite-only program, designated for private hyper-growth companies valued at over $1 billion at the forefront of disruption and innovation in their industries.
Senior Unsecured Notes are Rated Investment Grade CION Investment Corporation (CION) announced today that it closed an offering of $172.5 million in aggregate principal amount of its senior unsecured notes, consisting of $125 million in aggregate principal amount of its senior unsecured notes due 2029, and $47.5 million in aggregate principal amount of its senior unsecured notes due 2027.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Ratings to ?a-? from ?bbb+? of the two main operating subsidiaries of Nagico Holdings Limited, National General Insurance Corporation N.V. and Nagico Insurance Company Limited (collectively referred to as.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Guaranty Income Life Insurance Company and United Life Insurance Company, collectively, referred to as Kuvare Retail Group. Lastly, AM Best has affirmed the FSR of B++ and the Long-Term ICR of ?bbb? of Lincoln Benefit Life Company.
The strategic funding from international investment firm Vitruvian Partners will advance the company?s platform, helping organizations rapidly transform threat data into decisive action and a more robust security posture. Outpost24, a leader in exposure management and identity security, today announced a new investment from Vitruvian Partners to fuel its next phase of global growth.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? for the health and dental insurance subsidiaries of Humana Inc. (HUM) [NYSE: HUM]. These subsidiaries collectively are referred to as Humana Health Group.
Fund is designed to provide exposure to longer duration investment grade municipal bonds with a strategic allocation to high-yield munis New York Life Investments today announced the launch of the NYLI MacKay Muni Allocation ETF (MMMA), an actively-managed municipal bond ETF designed to deliver attractive, tax-exempt income through a combination of predominately long-duration investment grade municipa...
December 16, 2025-- ITT Inc. (ITT) today announced that leading ratings agencies Moody?s, S&P Global Ratings and Fitch Ratings have reaffirmed the company?s current investment grade credit ratings with a stable outlook following the announcement of its agreement to acquire SPX FLOW and the closing of its underwritten public offering of $1.31 billion of common stock.
Substantially All of Net Proceeds Expected to Be Used to Repurchase Approximately $1.6 Billion of Common Stock and for Capped Call Transactions Zoetis Inc. (ZTS) today announced that it has priced its previously announced offering of $1.75 billion aggregate principal amount of 0.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional bu...
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of SNIC Insurance B.S.C.. The outlook of these Credit Ratings is negative. The ratings reflect SNIC?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
Substantially All Net Proceeds Expected to Be Used to Repurchase Common Stock and for Capped Call Transactions Zoetis Inc. (ZTS) today announced that, subject to market conditions, it intends to offer $1.75 billion aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Secur...
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.