AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Ilaf Takaful Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?ccc+? from ?ccc? and affirmed the Financial Strength Rating of C of Cooperativa de Seguros de Vida de Puerto Rico. The Credit Ratings reflect COSVI?s balance sheet strength, which AM Best assesses as very weak, 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 ?aaa? of United Services Automobile Association and its property/casualty and life/health subsidiaries.
Repurchases $295 million in principal amount of 5% Senior Notes due 2030 Captures significant discount on principal and maintains strong cash position ZipRecruiter?, a leading online employment marketplace, today announced it has entered into separate, privately negotiated repurchase agreements with certain holders of its 5% senior unsecured notes due 2030 to repurchase approximately $295 milli...
The Federal Home Loan Bank of Dallas, First National Bank Texas and The Laguna Housing Development and Management Enterprise celebrated today the revitalization and grand opening of Laguna #4, an affordable housing community of single-family homes. This press release features multimedia.
State Street Corporation (STT) today announced its intention to increase its common stock dividend by 10% to $0.92 per share in the third quarter of 2026, subject to approval by its Board of Directors. The Company also announced that it has completed the Federal Reserve?s 2026 Supervisory Stress Test.
The Charles Schwab Corporation (SCHW) announced today that it has received the results of the Federal Reserve?s 2026 Comprehensive Capital Analysis and Review. Schwab?s Common Equity Tier 1 ratio of 26.3% as of March 31, 2026 was well in excess of the regulatory minimum of 4.5% combined with the SCB of 2.5% due to the relatively low risk nature of our balance sheet assets.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the recently issued $525 million 6.25% senior unsecured notes, due June 2036, of Mercury General Corporation. Mercury General intends to use the proceeds of the issuance to repay its outstanding senior unsecured notes due March 2027 and repay amounts under its unsecured credit facility.
Accelerates CPI?s digital growth strategy and increases market-leading instant issuance solution to over 3,000 financial institutions CPITM , a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation.
RMHY generally offers exposure to high yield corporate bonds, with systematic allocation capabilities designed to help manage risk Global X Management Company LLC, the New York-based provider of exchange-traded funds, today announced the launch of the Global X Adaptive Risk Managed Yield ETF.
Actively managed ETF seeks to deliver federally tax-exempt income through a high-conviction municipal bond strategy American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, today announced the launch of the American Beacon Aberdeen Municipal High Income ETF, an actively managed exchange-traded fund designed to provide investors with ...
Dealer Tire Financial, LLC, a leading distributor of tires and a provider of value-added consulting services to automotive dealerships and automobile original equipment manufacturers, primarily in the United States, today announced that it priced $500 million in aggregate principal amount of 10.375% senior notes due 2031 in a private offering.
BNY Mellon Investment Adviser, Inc. announced today that the three incumbent Board nominees for each of BNY Mellon Strategic Municipals, Inc. (LEO) and BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM), closed-end investment management companies, will continue to steward the Funds, according to certified voting results of the Funds? annual stockholders meetings held on June 11, 2026.
Recognition highlights advanced manufacturing capabilities at Rockwell?s Singapore facility and the company?s role in scaling AI-driven transformation Rockwell Automation, Inc. (ROK), the world?s largest company dedicated to industrial automation and digital transformation, today announced its Singapore manufacturing facility has been named a member of the Global Lighthouse Network by the World Econo...
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Allshores General Insurance Company Limited, Allshores Life and Benefits Company Limited and Island Heritage Insurance Company, Ltd.. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of the parent company, Allshores Limited.
Beazer Homes USA, Inc. (BZH) announced today the completion of its previously-announced offering of $400 million aggregate principal amount of 8.000% Senior Unsecured Notes due 2032.
KBRA assigns a BBB long-term credit rating to Universal Insurance Holdings, Inc.'s $100 million, 7.75% Senior Unsecured Notes due 2031, with a Stable outlook. UVE is a holding company offering property and casualty insurance and value-added insurance services, including risk management, claims management, and distribution. To access ratings and relevant documents, click here.
With a +54% Boom in Pharma Exports to the US, the Italian Trade Agency Unveils a "Fair Beyond the Fair" Digital Hub to Connect American Investors with Europe's Top CDMO and Patent Leader.
PARIS---- Regulatory News: Advicenne S.A., a pharmaceutical company specializing in the development and marketing of innovative treatments for people suffering from rare kidney diseases, announced today that it has secured a two-tranche financing of a nominal amount of up to ?3.8 million, through the issuance of bonds subscribed by Cemag Invest and Didier Laurens, Chairman of the Board and CEO ...
Samsara?s first dedicated online community, where physical operations professionals can build connections, share knowledge, and access resources to strengthen performance Samsara Inc. (IOT), the pioneer of the Connected Operations? Platform, today announced the Samsara Community, a global online hub for the world of physical operations.
Down Payment Assistance Program Assists with Housing Affordability. The Federal Home Loan Bank of Dallas Homebuyer Equity Leverage Partnership grant made homeownership possible for Ricky Corriz and his family by providing down payment assistance. This press release features multimedia.
AM Best has commented that the Long-Term Issue Credit Rating of ?a-? on the CAD 400 million 4.40% senior unsecured notes due Feb. 27, 2036, originally issued on Feb. 24, 2026 by Fairfax Financial Holdings Limited (FRFHF) [TSX: FFH], remains unchanged despite the additional notes being added to the same series.
AM Best has assigned a Long-Term Issue Credit Rating of ?aa? to the $2 billion 6.05% fixed rate surplus notes, due 2056, issued by Teachers Insurance and Annuity Association of America.
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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