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.
Proceeds to Support Maturity Extension and General Corporate Purposes SAN DIEGO, May 21, 2026 National Funding, a leading provider of small business financing solutions, today announced the successful completion of a $70 million senior unsecured notes offering, upsized from $55 million, reflecting strong investor demand.
The Kraft Heinz Company (KHC) announced today the early tender results, as of 5:00 p.m., New York City time, on May?20, 2026, and the satisfaction of the condition to receive proceeds of an offering of new senior unsecured notes on terms satisfactory to the Issuer, in each case in respect of the previously announced offer by Kraft Heinz Foods Company, its 100% owned subsidiary, to purchase for cash ...
Bird Construction (BIRDF) announced Thursday that Morningstar DBRS has assigned the company an investment-grade Issuer Rating of BBB with a Stable trend.
Osisko Development (OSDVF) priced a $275 million offering and a concurrent private placement of 4.125% convertible senior unsecured notes due June 15, 2031, the company said Thursday. Qualified institutional buyers have agreed to purchase $225 million of the notes, while company affiliate Double Zero Capital will buy $50 million.
Molson Coors Beverage Company (TAP/A) announced today that it has priced its previously announced public offering of $1,500,000,000 aggregate principal amount of its senior notes, consisting of $500,000,000 aggregate principal amount of 4.900% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2036.
TORONTO, May 20, 2026 ?Hydro One Limited (HRNNF), Ontario's largest electricity transmission and distribution company, today announced that its wholly-owned subsidiary, Hydro One Inc., has priced an inaugural offering of US$1.0 billion aggregate principal amount of 4.750% senior notes due May 30, 2031?. The offering is expected to close on or about May 26, 2026, subject to customary closing conditions.
Moody's Ratings on Wednesday downgraded Mexico's credit rating to "Baa3" from a prior level of "Baa2", and changed its outlook to stable from negative.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Ratings of ?bbb? and the Mexico National Scale Ratings of ?aa.MX? of CESCE M?xico, S.A. de C.V. and its affiliate, CESCE Fianzas M?xico, S.A. de C.V.. The outlook of these Credit Ratings is stable.
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+, the Long-Term Issuer Credit Rating of ?bbb-? and the Mexico National Scale Rating of ?aa-.MX? of Armour Secure Insurance S.A. de C.V.. The Credit Ratings reflect Armour?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business...
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Missouri Valley Mutual Insurance Company.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?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.
Molson Coors Beverage (TAP/A) said Wednesday that it has commenced an underwritten public offering of US dollar-denominated senior notes. The brewing company expects the offering to close on or about May 27, subject to customary closing conditions. Molson Coors (TAP/A) said it intends to use the net proceeds for general corporate purposes, including repayment of the $2 billion 3% senior notes due 2026.
Molson Coors Beverage Company (TAP/A) announced today that it has commenced an underwritten public offering of U.S. dollar-denominated senior notes. Molson Coors (TAP/A) intends to use the net proceeds of the Offering for general corporate purposes, including the repayment of the $2.0 billion 3.00% Senior Notes due 2026.
Upgrades Driven by Strong Financial Performance and Positioning in Global Aerospace Engine MRO Market StandardAero, Inc. (SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul and engine component repair, announced today that Moody?s Ratings recently upgraded the Company?s ratings based on its consistent positive earn...
Corporate America is tapping the convertible bond market at a record pace as companies linked to artificial intelligence drive a surge in demand for debt that often draws extra investor interest in hot markets because it can convert into equity.
Avista Corp (AVA): * Avista Corp (AVA) - ON MAY 14, ISSUED $90 MILLION OF 4.77% BONDS DUE 2029 AND $70 MILLION OF 6.10% BONDS DUE 2056 - SEC FILING. * Avista Corp (AVA) - EXPECTS TO ISSUE ADDITIONAL $70 MILLION OF 6.10% BONDS IN AUGUST 2026 - SEC FILING Source text: Further company coverage:
* AI-linked firms drive surge in convertible bond issuance. * High rates, equity volatility boost appeal of convertibles. * Hedge funds, asset managers seek upside, even from riskier issuers. By Chibuike Oguh.
Akamai Technologies (AKAM) priced a private offering of $1.5 billion of 0% convertible senior unsecured notes due May 15, 2030, and $1.5 billion of 0% convertible senior unsecured notes due May 15, 2032, the company said late Tuesday. The sale was upsized from a previous planned $1.3 billion in each case.
Elbit Systems' (ESLT) long-term rating has been upgraded by S&P Global Ratings Maalot to "ilAAA," with a stable outlook, the company said Wednesday. The ratings agency cited the company's improving financial ratios, operating performance, and robust backlog amid increasing defense budgets, Elbit Systems (ESLT) said. Shares of Elbit Systems (ESLT) were nearly 2% higher premarket Wednesday.
Redwood Trust (RWT) priced a public offering of $125 million of 9.75% senior unsecured notes due June 1, 2031, the company said late Tuesday. Underwriters have a 30-day overallotment option to purchase up to an additional $18.8 million of notes. The company expects the offering to close May 27 and plans to use the net proceeds for general corporate purposes.
?. 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 6.65. POOL FACTOR.
Akamai Technologies, Inc. (AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced that it has priced its private offering of $1.5 billion in aggregate principal amount of 0% convertible senior notes due 2030 and $1.5 billion in aggregate principal amount of 0% convertible senior notes due 2032.
Redwood Trust, Inc. (RWT) today announced the pricing of an underwritten public offering of $125,000,000 aggregate principal amount of its 9.75% senior notes due 2031.
NEW YORK, May 19, 2026 S&P Global Inc. (SPGI), today announced the pricing of a private offering of $650,000,000 aggregate principal amount of 5.050% senior notes due 2029, $650,000,000 aggregate principal amount of 5.450% senior notes due 2031 and $700,000,000 aggregate principal amount of 6.050% senior notes due 2036 by Mobility Global Inc.. The Issuer is a recently formed holding company for S&P Gl...
Bombardier after trade Tuesday said it completed the redemption of all US$750 million of its 7.50% senior notes due in 2029. The repayment was funded through proceeds from a new debt offering along with US$250 million in cash from the company's balance sheet, it added.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?aa? from ?aa-? and affirmed the Financial Strength Rating of A+ of Southern Farm Bureau Life Insurance Company.
American Tower (AMT) said late Tuesday it priced a public offering of 750 million euros in senior unsecured notes due 2033 at 99.663% of face value with a 4% annual interest rate.
Veon (VEON) said late Tuesday its Veon Midco unit has priced its offering of $700 million of 6.95% senior unsecured notes due 2031 and another $700 million of 7.45% of notes due 2033 at par of their principal amounts. The offering reflects its balance sheet optimization, it said. Net proceeds will be used to refinance its debt, including the purchase of its 3.375% senior notes due 2027, the company said.
VEON Successfully Prices USD 1.4 Billion Bond Offering Dubai and New York, May 19, 2026 ? VEON Ltd. (VEON), a global digital operator, today announces that its subsidiary VEON Midco B.V. has priced its previously announced USD 1.4 billion bond offering of senior unsecured US dollar notes, guaranteed by VEON Amsterdam B.V., in two tranches: The Offering represents a milestone in VEON?s ongoing balance ...
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2033 in an aggregate principal amount of ?750.0 million. The net proceeds of the offering are expected to be ?742.7 million, after deducting underwriting discounts and estimated offering expenses.
AM Best has assigned a Long-Term Issue Credit Rating of ?a+? to Chubb INA Holdings LLC?s recently announced USD 1.0 billion issuance of 5.3% senior unsecured notes due 2036 in the U.S. market, which are guaranteed by Chubb Limited.
PITTSBURGH, May 19, 2026 ?Kennametal Inc. (KMT) today announced that it has commenced an underwritten public offering of senior notes. The Tender Offer The Tender O?er Consideration for the 2028 Notes will be determined taking into account the par call date, instead of the maturity date, of such 2028 Notes in accordance with standard market practice.
Company?s Extension of Revolving Credit Facility and Term Loan A to 2031 Strengthens Liquidity and Financial Flexibility Follows Fitch Initiating Coverage with a BB- Rating and Stable Outlook Positive Developments Stem from Company?s Strong Financial Performance and Management?s Continued Focus on Strategic Capital Allocation, Including Leverage Reduction SHELTON, Conn.
Granite Construction (GVA) priced $600 million worth of 6.375% senior notes due 2034, the company said Monday. Granite intends to use the net proceeds along with cash on hand to pay down other debt and for general corporate purposes, it said. MT Newswires does not provide investment advice.
Onto Innovation Inc. (ONTO) today announced the pricing of its private offering of $1,300,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2031 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
ZURICH, May 18, 2026 Chubb Limited (CB) announced today that its subsidiary, Chubb?INA Holdings LLC, has priced a public offering of $1 billion of 5.30% senior notes due 2036. Chubb (CB) intends to use the net proceeds for general corporate purposes, which may include the repayment or refinancing of debt.
Akamai Technologies (AKAM) plans to offer $2.6 billion of 0% convertible senior notes due 2030 and 2032 in a private offering, the company said Monday. The company said it intends to use the proceeds to support accelerated capital expenditures tied to its Cloud Infrastructure Services business, including expansion of its global footprint, as well as for general corporate purposes.
Advanced Energy Industries, Inc. (AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today the closing of its previously announced private offering of $1.15 billion aggregate principal amount of 0% Convertible Senior Notes due 2031, which amount includes the full exercise of the initial purchasers? option to purchase an additional $15...
CHICAGO, May 18, 2026 ?Ziegler is pleased to announce the successful closing of John Knox Village's $47,845,000 Series 2026A, B-1, B-2, and B-3 Bonds issued through the City of Lee's Summit, Missouri, collectively referred to as the. John Knox Village, a Missouri nonprofit corporation, is a Life Plan Community located in Lee's Summit, Missouri.
NEW YORK, May 18, 2026 ?S&P Global Inc. (SPGI), today announced the commencement of a private offering of $2,000,000,000 aggregate principal amount of senior notes due 2029, senior notes due 2031 and senior notes due 2036 by Mobility Global Inc.. The Issuer is a recently formed holding company for S&P Global's Mobility division, which S&P Global (SPGI) intends to separate from its current business by means o...
Teva Pharmaceutical Industries Ltd. today announced that Fitch Ratings Agency has raised the Company's corporate credit rating to Investment Grade BBB-, with a stable outlook, from BB+. ?This strong endorsement, our third upgrade from Fitch in less than two years, underscores Teva?s transformation journey and execution of its Pivot to Growth strategy, as well as shows confidence in our increasi...
Hims & Hers Health (HIMS) plans a $300 million private offering of convertible senior notes due June 1, 2032, the company said Monday. The company expects to grant initial buyers an option to purchase up to an additional $45 million of notes.
GMR Solutions Inc. (GMRS) and its wholly owned subsidiary Global Medical Response, Inc. welcome recent rating actions from both Moody?s Ratings and S&P Global Ratings, reflecting the company?s strengthened financial profile following its successful IPO and significant debt reduction.
Starbucks (SBUX) said late Friday that it has raised the cap on the maximum amount it will repurchase after investors tendered about $2.6 billion of notes by the early deadline, exceeding its original repurchase capacity. The company said it increased its total acceptance cap to $1.3 billion, including $600 million for one pool of notes and $700 million for another.
Eni said Monday it plans to issue new fixed-rate bonds with five-year and nine-year maturities under its existing euro medium term note program. The company said the bonds are intended for institutional investors and will be used to help maintain a balanced financial structure, with proceeds earmarked for general corporate purposes.
Fitch Ratings has changed its ratings outlook to negative for Goldman Sachs' private credit fund, Goldman Sachs BDC, the ratings agency said on Friday. In its post-market close announcement, Fitch maintained its current lower-investment grade rating of Goldman Sachs BDC but could downgrade the fund if it doesn't increase its asset cushion.
* Fund had a rise in loans that are behind on payments. * Goldman Sachs BDC (GSBD) says problems concentrated in loans made by prior management. * GS says fund represents 1.5% of the firm's overall private credit assets under management. By Matt Tracy. Fitch Ratings has changed its ratings outlook to negative for Goldman Sachs' (GS) private credit fund, Goldman Sachs BDC (GSBD), the ratings agency said on Friday.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of ?aa+? of Berkshire Hathaway Life Insurance Company of Nebraska. BHLN?s ratings reflect its 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.
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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